EDU is sitting at a major decision point after breaking down from its previous range and testing the floor zone. Structure is still weak, but this is the area where a potential CHOCH can begin if buyers step in.
The first key move bulls need is a clean reclaim of the previous support area, which is now acting as resistance. Until that happens, the trend remains bearish and any bounce should be treated as a relief move.
If EDU forms higher lows and breaks above the descending trendline, it could open the door for a larger recovery setup. Without that confirmation, bears remain in control.
For now, EDU is in a high-risk, high-reward zone. Bulls need a confirmed reclaim. Bears want continued rejection below resistance.
The first key move bulls need is a clean reclaim of the previous support area, which is now acting as resistance. Until that happens, the trend remains bearish and any bounce should be treated as a relief move.
If EDU forms higher lows and breaks above the descending trendline, it could open the door for a larger recovery setup. Without that confirmation, bears remain in control.
For now, EDU is in a high-risk, high-reward zone. Bulls need a confirmed reclaim. Bears want continued rejection below resistance.
Check me out btdcrypto.com/links/
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Check me out btdcrypto.com/links/
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.