Shoutout to the crypto crowd, we're currently watching an exceptional movement on the EDEN/USDT pair after it caught everyone's attention with a strong surge of over 18%.

📊 Technical analysis and current liquidity:

Volume Spike: If you check the chart, you'll notice a massive influx of institutional liquidity breaking past 69M on the volume indicator. This isn't just regular retail buying; it's a clear sign of whales and market makers stepping in.

Price Action: The price broke through previous highs with a sharp vertical movement (Impulsive Move) heading towards $0.0765.

⚠️ FOMO Trap:

Entering "Market Buy" from the current levels is considered very high risk, as the price is currently inflated, and it's quite normal to see quick profit-taking leading to a corrective pullback to retest liquidity zones.

🎯 Smart Money Setup:

Waiting and Accumulation Zone: We're monitoring the new Order Block levels formed from this breakout between $0.055 - $0.060.

Entry Condition: Price must return to the mentioned zone with low volume and a short setup, followed by bullish price action (Pin Bar or Engulfing) on the 5-minute chart.

Upcoming Targets: If the trend holds, targets are set towards $0.090 then the psychological resistance level at $0.100.

Join us in the comments 👇: Did you hop on the current uptrend, or are you waiting for a correction to scoop it from the demand zones?

#EDEN #CryptoTrading #TechnicalAnalysis #BinanceSquare #VolumeProfile #SMC