$EDU Short Liquidation: $4.77K at $0.57031
Education (EDU) saw a sharp $4,770 short liquidation as its price hit $0.57031.
This move has brought strong upward pressure on the coin, signaling potential gains.
Key Details About EDU:
Utility: $EDU is the token for the Education ecosystem, focusing on providing decentralized learning resources and platforms.
Current Sentiment: Bullish, with short liquidations boosting the price action.
Next Move:
EDU could see continued upward momentum if the buying pressure holds.
However, it may face resistance in the near term.
Support and Resistance Levels:
Support: $0.55 – A critical level where buying might pick up.
Resistance: $0.60 – A major barrier for further growth.
What to Do:
Buy: Look to buy if $EDU stays above $0.55, indicating strength.
Sell: If it struggles to break $0.60, consider selling to take profits.
Monitor the trend and act accordingly!