$EDEN USDT
From what I’m seeing, $EDENUSDT is developing a more controlled momentum move, sitting around 0.05707 after gaining 16.8%.
The first area I’m watching on weakness is 0.0550–0.0555. A deeper retracement toward 0.0525–0.0535 would still leave the broader bullish idea intact. On the upside, 0.0590–0.0600 is the important resistance shelf.
I’m not interested in buying directly into that resistance. My preferred setup would be a confirmed break above 0.0600, followed by a retest that holds.
If buyers establish that level as support, my targets are 0.0620, 0.0650, and 0.0690.
The invalidation zone sits below 0.0525. A decisive breakdown there would tell me the current momentum has weakened considerably.
The setup is attractive only if the market gives me confirmation. I don't need to predict the breakout; I need to react to it.
I’ll keep the position size appropriate for a volatile futures pair.
This is my personal market view, not financial advice.
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