$EDEN is currently trading at 0.1606, showing a significant gain of +20.39%. The price has been on a strong upward trend, reaching a 24h high of 0.1657.
🌱RSI(6) is at 77.0979, indicating that the asset is in the overbought territory, suggesting a potential for a pullback or consolidation.
🌱 MACD shows DIF at 0.0055, DEA at 0.0040, and MACD at 0.0015, confirming strong bullish momentum but also the potential for a reversal. Volume is high.
🌱Prediction: While the current momentum is strongly bullish, the high RSI suggests that the price might be due for a correction or a period of consolidation. Traders should be cautious of a potential pullback from the current high levels.
🌱Target Prices (TP):
TP1 (Potential Pullback Support): 0.1500
TP2 (Next Resistance if momentum continues): 0.1700