🔻
$EDU — SHORT / BEARISH REFERENCE LINES
📌 Current Price (Approx): ~$0.148–$0.150 USD (live price)
❌ Short Entry / Resistance Zone
~$0.1570 – $0.1600 — significant resistance zone where price has recently been capped and rejected.
🛑 Stop-Loss (SL)
~$0.1650 — above the resistance zone to protect against breakout spikes.
🎯 Profit Targets (TP)
TP1: ~$0.1435 – $0.1450 — the immediate support area.
TP2: ~$0.1300 – $0.1350 — lower support / range bottom area.
TP3: ~$0.1250 – $0.1200 — deeper support band if weakness accelerates.
---
🧠 Quick Bearish Logic
Price has recently been capped near $0.1574 resistance and turned lower — a classic short trigger zone.
Failing to break above resistance suggests sellers still dominate near that level.
Immediate support around $0.1435 – $0.1450 can act as the first profit area before deeper breakdowns.
---
🚩 Risk & Trade Tips
✔ Enter shorts only after a price rejection signal near the resistance zone (e.g., bearish candle wicks, volume fade).
✔ Move SL above the resistance (~$0.165) to reduce chance of stop-outs.
✔ Consider partial profit at TP1 and tighten SL to breakeven before chasing deeper.
✔ Price action can stay choppy in this range — watch for breakouts above resistance or breakdowns below support to adjust bias.
#EDU #EDUUSDT #EDU/USDT