Technical analysis of the coin #EDU

The EDU token is trading at $0.1691. After a slight decline, the price has stabilized, and a local correction is currently observed. Interest in the asset is growing against the backdrop of an overall improvement in sentiment in the cryptocurrency market.

📊 Market data:

💰 Price: $0.1691

🔄 Daily range: $0.1600–$0.1750

📈 Trading volume: ~$45 million

💎 Market capitalization: ~$130 million

🧾 Circulating supply: 765 million EDU

🔢 Maximum supply: 1 billion EDU

🔍 Indicators:

📉 RSI (14d): 52.30 — neutral zone

🟠 50-day SMA: $0.1620

🔵 200-day SMA: $0.1400

The price has broken through the 50-day SMA and is holding above it, indicating a possible continuation of the rise. The RSI indicator is in the neutral zone, allowing for upward movement; however, high buying levels may lead to a correction.

🔮 3-month forecast:

✅ Bullish scenario:

Consolidation above $0.1750 will open the way to $0.1900–$0.2000.

Breaking $0.2000 will ensure further growth towards $0.2200–$0.2500.

❌ Bearish scenario:

Breaking down below $0.1600 will increase selling pressure.

Falling below $0.1500 will lead to a drop into the $0.1300–$0.1200 zone.

⚠️ Key level to maintain the upward trend: $0.1600.

We are monitoring volumes and market dynamics.$EDU