$EDU 24 hours established a new high.
24h +9.06%, current price 0.0674, previous high 0.06647.
From the structure, a new high means the overhead supply is lighter, and short-term pressure is relatively smaller; but if it quickly drops back below the previous high, you should watch out for a bull trap. If you were in this situation, would you act now or wait a bit longer?
This is for discussion only—please manage the risks yourself.
24h +9.06%, current price 0.0674, previous high 0.06647.
From the structure, a new high means the overhead supply is lighter, and short-term pressure is relatively smaller; but if it quickly drops back below the previous high, you should watch out for a bull trap. If you were in this situation, would you act now or wait a bit longer?
This is for discussion only—please manage the risks yourself.