$EDEN (EDEN) – Consolidation, Watching for Breakout
I'm watching EDEN because it is up +14.81% at $0.05668, consolidating below its 24h high of $0.06154. The moving averages are flat to bullish with EMA5 at $0.05735, EMA10 at $0.05733, and EMA30 at $0.05689. The MACD is neutral to slightly negative. **I am staying out** of this consolidation until a confirmed break above $0.05896 occurs.
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I'm watching EDEN because it is up +14.81% at $0.05668, consolidating below its 24h high of $0.06154. The moving averages are flat to bullish with EMA5 at $0.05735, EMA10 at $0.05733, and EMA30 at $0.05689. The MACD is neutral to slightly negative. **I am staying out** of this consolidation until a confirmed break above $0.05896 occurs.
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