$EDU USDT: Recovery Faces Rejection Near 0.0740
EDU has rebounded from around 0.0665 to 0.0755 before pulling back to 0.07249 on the supplied Binance chart. The recovery showed buying interest, but the latest candles suggest resistance is limiting further upside.
Bias: Neutral to bearish in the short term
Setup: Wait for confirmation
Resistance: 0.0735–0.0755
Support: 0.0720, then 0.0700
Entry: Watch for a confirmed bounce near 0.0720 or a sustained breakout above 0.0755.
TP: Further targets require additional chart confirmation.
SL / Invalidation: Below the confirmed retest low, based on your risk tolerance.
Why it matters: Holding 0.0720 could help buyers attempt another recovery. A breakdown below this level may expose 0.0700, while reclaiming 0.0755 would strengthen bullish momentum.
Will EDU recover above 0.0755 or revisit 0.0700 first?
EDU has rebounded from around 0.0665 to 0.0755 before pulling back to 0.07249 on the supplied Binance chart. The recovery showed buying interest, but the latest candles suggest resistance is limiting further upside.
Bias: Neutral to bearish in the short term
Setup: Wait for confirmation
Resistance: 0.0735–0.0755
Support: 0.0720, then 0.0700
Entry: Watch for a confirmed bounce near 0.0720 or a sustained breakout above 0.0755.
TP: Further targets require additional chart confirmation.
SL / Invalidation: Below the confirmed retest low, based on your risk tolerance.
Why it matters: Holding 0.0720 could help buyers attempt another recovery. A breakdown below this level may expose 0.0700, while reclaiming 0.0755 would strengthen bullish momentum.
Will EDU recover above 0.0755 or revisit 0.0700 first?