📊 Last time I shorted EDEN, the whales pumped it up by 44 points, with an 81% volatility and the average price skewed by over 10% towards the bulls.
But check out the funding rate—0.00001192, almost zero. This pump lacks sustainability; it feels more like the whales are just skimming profits.
📉 My take: Such a massive pump but no one dares to chase the long. Wait for a signal to pull back before diving in; don’t chase the highs or catch a falling knife.
💡 Tonight, I’m sitting tight, waiting for a dip around 0.1 or a volume breakout above 0.14 to reassess. If you’re still holding shorts, it’s time to cut losses.
🔖 $EDENUSDT
Did you guys get wrecked by EDEN this time?
But check out the funding rate—0.00001192, almost zero. This pump lacks sustainability; it feels more like the whales are just skimming profits.
📉 My take: Such a massive pump but no one dares to chase the long. Wait for a signal to pull back before diving in; don’t chase the highs or catch a falling knife.
💡 Tonight, I’m sitting tight, waiting for a dip around 0.1 or a volume breakout above 0.14 to reassess. If you’re still holding shorts, it’s time to cut losses.
🔖 $EDENUSDT
Did you guys get wrecked by EDEN this time?