$EDEN at 0.0719 is sitting right on the line. Reclaims 0.072 and holds it, I think 0.080 comes fast. Lose 0.070 and this move was just a squeeze. 🔥
RSI on the 4h is already 73, so yeah, it’s hot. But price is still above the 20d and 50d MA, and that matters more than the crowd yelling “overbought” while longs keep paying 0.002% funding.
This is how $ETH -type momentum starts, then either sticks or snaps. Volume is decent at $6.33M, but not crazy. 😏
I’d only respect continuation if 0.072 keeps getting bought. Anything else is noise.
0.072 hold or fail , which side are you on?
#EDEN
#Trading
#Altcoin
RSI on the 4h is already 73, so yeah, it’s hot. But price is still above the 20d and 50d MA, and that matters more than the crowd yelling “overbought” while longs keep paying 0.002% funding.
This is how $ETH -type momentum starts, then either sticks or snaps. Volume is decent at $6.33M, but not crazy. 😏
I’d only respect continuation if 0.072 keeps getting bought. Anything else is noise.
0.072 hold or fail , which side are you on?
#EDEN
#Trading
#Altcoin