Trading Plan Short $EDEN
$EDEN is starting to look overheated after the recent parabolic expansion move
Momentum remains elevated, but price action is beginning to show weaker follow-through as buyers struggle to maintain the same aggressive pace near highs.
đ Trade Setup:
đŽ Entry: $0.122 â $0.128
đ Stoploss: $0.135
đŻ Targets: $0.11 / $0.096 / $0.08
đ Analysis:
âą Parabolic move becoming overstretched
âą Momentum cooling near resistance
âą Liquidity crowded around recent highs
âą Volume-to-market-cap ratio signaling unstable conditions
Without fresh absorption from buyers, profit-taking pressure could trigger a sharp cooldown very quickly
Trade $EDEN carefully đ
#RMJ_trades
#SkyBridgeCryptoFundLosses
#StateStreetAcquiresStrategyShares
#USInflationForecastUpOnIranConflict
#SpaceXS1FilingRevealsBTC
$EDEN is starting to look overheated after the recent parabolic expansion move
Momentum remains elevated, but price action is beginning to show weaker follow-through as buyers struggle to maintain the same aggressive pace near highs.
đ Trade Setup:
đŽ Entry: $0.122 â $0.128
đ Stoploss: $0.135
đŻ Targets: $0.11 / $0.096 / $0.08
đ Analysis:
âą Parabolic move becoming overstretched
âą Momentum cooling near resistance
âą Liquidity crowded around recent highs
âą Volume-to-market-cap ratio signaling unstable conditions
Without fresh absorption from buyers, profit-taking pressure could trigger a sharp cooldown very quickly
Trade $EDEN carefully đ
#RMJ_trades
#SkyBridgeCryptoFundLosses
#StateStreetAcquiresStrategyShares
#USInflationForecastUpOnIranConflict
#SpaceXS1FilingRevealsBTC
