EDEN/USDT - Breakout in Progress!
After a long downtrend and consolidation phase, EDEN is finally showing signs of reversal with a breakout from the falling wedge pattern on the 1H chart.
Volume is starting to pick up - a good signal for potential continuation.
Fibonacci Targets:
0.46 → first resistance
0.57 → 1.272 extension
0.66 → main target (1.618)
0.71 → extended target (1.786)
As long as price holds above 0.38-0.40, the bullish momentum remains valid.
A break below 0.34 would invalidate the setup.
"Patience during the dip, confidence during the lift."
#EDEN #CryptoAnaly #BreakoutSetup
#tradingView #Binance
After a long downtrend and consolidation phase, EDEN is finally showing signs of reversal with a breakout from the falling wedge pattern on the 1H chart.
Volume is starting to pick up - a good signal for potential continuation.
Fibonacci Targets:
0.46 → first resistance
0.57 → 1.272 extension
0.66 → main target (1.618)
0.71 → extended target (1.786)
As long as price holds above 0.38-0.40, the bullish momentum remains valid.
A break below 0.34 would invalidate the setup.
"Patience during the dip, confidence during the lift."
#EDEN #CryptoAnaly #BreakoutSetup
#tradingView #Binance
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