Currency / Symbol: EDU 🪙 $EDU
Recommendation: SPOT Trading 🏃 Immediate
Buy / Entry: 0.1690 – 0.1705
The currency is experiencing a limited correction after a strong upward wave, testing a short-term support area with signs of positive rebound, enhancing the likelihood of gradually regaining upward momentum towards previous peaks.
💲 Targets (Take Profit) 💰
🏹 First Target: 0.1740
🔹 Achieving it confirms the beginning of the short-term upward wave.
💣 Second Target: 0.1775
🔸 Exceeding it indicates the continuation of the positive trend towards higher levels.
👑 Third Target: 0.1810
▪️ The highest target for the current wave, provided it remains above the support area.
🛡 Stop Loss: 0.1650
🔹 Breaking this level temporarily invalidates the bullish scenario.
📝 Currency Analysis 🔍
EDU currency shows a healthy corrective movement within a general upward trend, with strong consolidation near an effective support area, increasing the chances of price rebound and resuming the positive wave towards the specified targets, God willing.
💡 Capital Management Advice:
Do not exceed 10% of capital in the trade, and start securing profits gradually from the first target.
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