I'll be honest, I almost skipped $EDEN . Been dead money for weeks.
Then it went from 0.035 to 0.047 and I had to double check I was reading the right chart.
Here's why I'm not fading this yet. RSI is only at 64. If this was a dead-cat bounce, RSI would already be screaming overbought and rolling over. It's not.
MACD is still climbing, not flattening.
Volume on this leg is running well above the 10-period average. That's not retail FOMO alone, that's size stepping in.
I've watched enough of these low-cap seed tokens rip and dump in the same session to know the pullback to 0.0454 doesn't scare me. What would scare me is if it broke back under EMA20 at 0.0433.
Until then, I'm treating this as a live setup, not a trap.
#EDEN #CryptoTrading
DYOR | NFA
Then it went from 0.035 to 0.047 and I had to double check I was reading the right chart.
Here's why I'm not fading this yet. RSI is only at 64. If this was a dead-cat bounce, RSI would already be screaming overbought and rolling over. It's not.
MACD is still climbing, not flattening.
Volume on this leg is running well above the 10-period average. That's not retail FOMO alone, that's size stepping in.
I've watched enough of these low-cap seed tokens rip and dump in the same session to know the pullback to 0.0454 doesn't scare me. What would scare me is if it broke back under EMA20 at 0.0433.
Until then, I'm treating this as a live setup, not a trap.
#EDEN #CryptoTrading
DYOR | NFA