đ EDEN/USDT â Updated 1M View $EDEN
Current price: 0.06571
Your apparent long entry: around 0.06408
Current position: in profit â
The bounce from 0.06077 is strong, but RSI(6) = 78.5, so chasing another entry here is risky.
đŻ What I'd do now
If you're already LONG:
đą 0.0665â0.0670: first area to watch
đą 0.0680â0.0685: take partial profit
đą 0.0700â0.0705: major TP / resistance
đą 0.0720â0.0726: only if momentum remains strong
Your existing 0.07003 TP is sensible because it sits near the EMA99 resistance around 0.07055.
đĄïž Protect the profit
I would not let a profitable trade turn into a significant loss.
Consider moving your stop toward 0.0638â0.0642 if your risk tolerance allows. If price pushes above 0.067, trail the stop upward.
đš Important$
If EDEN loses 0.0640 again with strong selling volume, the bounce is weakening.
If 0.0619â0.0608 breaks, the bullish recovery setup is invalidated on this timeframe.
My bias: đą SHORT-TERM LONG, but don't chase at 0.0657.
The best play now is protect â partial TP â trail â let the winner run.
Current price: 0.06571
Your apparent long entry: around 0.06408
Current position: in profit â
The bounce from 0.06077 is strong, but RSI(6) = 78.5, so chasing another entry here is risky.
đŻ What I'd do now
If you're already LONG:
đą 0.0665â0.0670: first area to watch
đą 0.0680â0.0685: take partial profit
đą 0.0700â0.0705: major TP / resistance
đą 0.0720â0.0726: only if momentum remains strong
Your existing 0.07003 TP is sensible because it sits near the EMA99 resistance around 0.07055.
đĄïž Protect the profit
I would not let a profitable trade turn into a significant loss.
Consider moving your stop toward 0.0638â0.0642 if your risk tolerance allows. If price pushes above 0.067, trail the stop upward.
đš Important$
If EDEN loses 0.0640 again with strong selling volume, the bounce is weakening.
If 0.0619â0.0608 breaks, the bullish recovery setup is invalidated on this timeframe.
My bias: đą SHORT-TERM LONG, but don't chase at 0.0657.
The best play now is protect â partial TP â trail â let the winner run.