EDU/USDT (1H) – Technical Analysis
Trend: Price is moving inside a descending channel, indicating a short-term bearish structure.
Price Action: Currently near the midline of the channel around 0.133–0.134, showing weak momentum.
RSI (14): ~49 → Neutral, no strong bullish or bearish momentum yet.
Key Levels
Resistance: 0.136 – 0.140 (upper channel zone)
Support: 0.130 – 0.127 (lower channel zone), then 0.120
Bias
Bearish-to-neutral while price remains below channel resistance.
A break below 0.130 may lead to continuation toward 0.125–0.120.
A break and close above 0.140 could invalidate the channel and open room toward 0.145–0.150.
Idea
Consider shorts near channel resistance with tight stops.
Conservative longs only if a clear breakout above the channel with volume.
EDU
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