๐Ÿ’ฐ $EDU โ€“ Breakdown Continuation, Bears in Control โš ๏ธ


๐Ÿ”ป SHORT
โœณ๏ธ ENTRY : 0.06920 - 0.07115 - 0.07270
๐ŸŽฏ TARGETS: 0.06820, 0.06700, 0.06584, 0.06250, 0.059470, 0.05450, 0.0440
๐Ÿ€„๏ธ LEVERAGE: 20x
๐Ÿ”ด STOPLOSS: 0.0750
Clear lower high + breakdown structure after rejection from the 0.089 top
Price losing MA25 support and continuously printing weak bounces โ†’ sellers dominating
MACD expanding on downside + RSI staying suppressed confirms bearish momentum continuation
If 0.066 zone fails cleanly, expect a fast flush toward 0.05 region ๐Ÿ“‰
EDU-1.12%
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MirrorBallGazingAtTheSky
ยท 04-23 18:42
A 20x short position is a bit aggressive; watch out for liquidation levels.
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LimeMulti-Signature
ยท 04-23 15:51
Setting the stop loss at 0.075 is quite reasonable, but itโ€™s easy to get swept when volatility spikes; itโ€™s recommended to take partial positions gradually.
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GateUser-d2929483
ยท 04-22 02:12
These target positions are arranged very precisely, making them more suitable for short-term high-frequency trading; otherwise, the mindset can easily become overwhelmed.
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NeonMint
ยท 04-21 04:40
0.066 is indeed a critical threshold; breaking below it might really lead to testing 0.05.
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GateUser-ab9d278c
ยท 04-21 04:38
looking bearish
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TvlDownBad
ยท 04-21 03:44
0.089 rejection was a classic trap to lure buyers, followed by a continuous decline to even lower highs, with a very clear structure.
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FeeSwitchLobbyist
ยท 04-21 03:34
If 0.066 holds to form a double bottom, you might need to reduce your short positions early, or else profits could be given back.
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BlueLakeOverlooker
ยท 04-21 03:26
This analysis is quite comprehensive; the structure, moving averages, and momentum are all bearish. The key is whether the 0.066 area breaks cleanly downward.
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MintAfterCoffee
ยท 04-21 03:26
0.044 is a pretty aggressive ultimate target... When it gets close, there will probably be a wave of panic selling.
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YieldYeti
ยท 04-21 03:20
It looks like the short-selling advantage is obvious, but I will wait for a rebound to 0.071-0.073 before entering, for a higher win rate.
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