🔥 $EDU on Fire Sale - But Is It Time to Buy The Dip?


Hey traders👋, let's look at $EDU:


Current price: $0.1194 (▼3.87%)
24h range: $0.1175 - $0.1294


📊 Current Analysis:


EDU has been struggling to maintain its levels, now down 3.87%. The chart shows sellers are becoming more aggressive near these price levels. Here are the key levels I'm watching:


🔺 Resistance Levels:
1. $0.1218 - Immediate resistance that needs to break for continuation
2. $0.1307 - Stronger resistance that could cap larger moves


🔻 Support Levels:
1. $0.117 - Initial support where buyers might step in
2. $0.1163 - Critical support that must hold for current structure


💡 Trading Considerations:


Short-term traders might find opportunities on bounces to resistance, but be cautious - the momentum appears to be shifting.


For those considering positions:
• Potential entry zone: $0.117-$0.1218
• Stop considerations: Below $0.1163 for longs / above $0.1307 for shorts
• Initial targets: $0.1218 then $0.1307 if bullish / $0.117 then $0.1163 if bearish


What's your take on EDU's current setup? Are you:
- Seeing opportunities here?
- Waiting for more confirmation?
- Have a different perspective on these levels?


Let me know in the comments - I always appreciate different viewpoints!


Remember: Markets can change quickly. Always manage your risk accordingly.


#Crypto #Trading #Binance #EDU #Bearish #DYOR