EDU/USDT (Open Campus token) just broke out of a descending triangle pattern on the daily chart ā a classic bullish signal when volume confirms it. Letās break down what this means and how you can position yourself smartly ā all wrapped in a friendly, emojiāfriendly tone! š
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š Chart Setup Highlights
Pattern: Descending triangle on 1D, broke above the upper trendline ā a bullish reversal setup .
Moving Averages: Price crossing above MAāÆ50 adds strength to the breakout .
Volume: Noticeable increase on breakout candle ā a key confirmation .
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š What is Open Campus (EDU)?
Open Campus (EDU) is a BNBāChain-based Web3 education platform empowering teachers and creators to tokenize and monetize content. EDU also serves in governance, payments, revenueāsharing, and issuing Publisher NFTs. It aims to revolutionize education as we know it .
ā Price: ~$0.1506 (+3% last 24h)
ā Market Cap: ~$39M
ā Fully Diluted Valuation: ~$150M
ā Trading Volume: $0.55ā0.96M daily on Binance & others
Strong fundamentals, realāworld utility, and growing adoption make EDU a token to watch!
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š Potential Price Move
If the breakout holds across the triangleās upper boundary:
Targets: ~$0.1738 ā $0.2183 ā $0.2956 ā $0.3580
Support Zones to Watch: $0.14, $0.1270ā$0.1310
Volume Check: Ensure breakout is backed by solid volume to avoid a false move.
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š¼ Suggested Trade Plan (For educational purposes only)
Strategy Entry Zone StopāLoss TakeāProfit Targets
Breakout Buy Above $0.150ā0.152 Below $0.140 $0.1738 ā $0.218 ā $0.296
Pullback Buy $0.140ā$0.145 Below $0.136 Same upside targets
Risk Tip: Only risk 1ā2% of your portfolio per trade.
Volume: Key ā look for higher-than-average on breakout.
Indicators: Add RSI/MACD for confirmation and to avoid fakes.
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š” Risk Management
Use trailing stops once in profit.
Watch for reversal signals or breakdown back into the triangle.
Tighten stops near support zones to protect gains.
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āļø Binance Square Post Guide
Title: āš EDU/USDT Breaks Out of Descending Triangle ā Next Lesson?ā
Visuals: Attach TradingView chart with pattern, entries, stops & targets clearly marked.
Structure:
1. Pattern overview
2. Token background & fundamentals
3. Trade setup
4. Risk management
5. TL;DR + CTA (āWhatās your plan on EDU?ā)
Tone: Friendly, emojis welcome!
Disclaimer: āFor educational purposes only.ā
Engagement: Encourage comments ā āDo you see this breakout holding?ā š
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š§ TL;DR
EDU broke out of a daily descending triangle ā classic bullish.
Moving averages and volume back the move.
Real-world education token with strong fundamentals ($0.1506, $39M market cap).
Trade smart with clear entries and risk management.
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