$EDEN BEARISH BREAKDOWN ANALYSIS
is showing signs of a potential bearish correction after hitting resistance near the $0.4002 level. The price has retraced from the high and is consolidating around $0.3849, suggesting sellers are gaining control. Key support levels to watch are $0.3700 and $0.3530, while immediate resistance is at $0.4002.
Trade Plan:
Entry: Consider short positions near current consolidation if bearish momentum continues.
Target (TP): $0.3700, $0.3530, $0.3360
Stop Loss (SL): Above $0.4002
Risk Management:
Maintain 1–2% risk per trade, and adjust position sizing according to volatility.
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