🚨EDU currency on the edge of the abyss… Will it survive or collapse? 😱💰
🔎 On the 4-hour frame, the price is trading near 0.131 at a potential neckline of a head and shoulders pattern, a concerning signal for a possible bearish reversal.
⚡️Critical support: 0.130 – 0.129, breaking it may open the way towards 0.125 then 0.118.
⚡️Resistances: 0.134 – 0.135 then 0.138 – 0.140.
⚡️RSI Indicator ≈ 28: Oversold conditions may provide a short-term bounce, but the overall trend remains weak.
📉 Negative scenario: Closing 4H below 0.129 ⇒ Confirmation of neckline break and activation of the drop.
📈 Positive scenario: Holding above 0.130 with a strong bounce ⇒ Targeting 0.134 – 0.138.
⚖️ Fear dominates, but greed anticipates a quick rebound…
👉 In your opinion: Do we see a coming collapse or a rebound that deceives everyone?
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