$EDU EDU/USDT: Launchpad Token Takes a Hit – Time to Buy or Bail?
EDU is feeling the heat today, dropping **-5.86%** to **$0.1782** as Launchpad tokens face selling pressure. The price just broke below its MA99 (**$0.1827**) – is this a healthy pullback or the start of a deeper correction?
**Why The Drop?**
- Binance Launchpad tokens underperforming market
- RSI(6) at **67.80** still overbought despite the dip
- "EDU" memes now standing for "Everyday Down Unexpectedly"
**Critical Levels:**
- **Support:** $0.1721 (24h low) – lose this and $0.17 is next
- **Resistance:** $0.1827 (MA99) – must reclaim for recovery
**Technical Check:**
- MACD showing weak momentum (**0.0003**)
- Price stuck between MA7 ($0.1770) and MA99
- Volume drying up ($6M USDT) – caution advised
**Prediction:**
If BTC stabilizes, EDU could bounce to **$0.1827**. But break **$0.1721** and we're testing **$0.17** fast.
**How To Trade:**
- **Aggressive:** Buy dips near $0.175 with stops at $0.172
- **Patient:** Wait for RSI <50 + volume confirmation
- **Avoid:** Chasing until $0.1827 breaks
Trade small – this one's tricky right now!
