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Technical analysis by QAEngineer about Symbol EDU: Buy recommendation (5/16/2025)

https://sahmeto.com/message/3516339
QAEngineer
QAEngineer
Rank: 5818
1.6
Buy،Technical،QAEngineer

EDU has bounced from the strong support zone between 0.0932 and 0.1252, now approaching the key resistance at 0.1614. A confirmed breakout above this level could open the way for a rapid move toward the 0.22–0.41 range due to the low-volume gap in between. However, RSI is still below 40, indicating that momentum remains weak and a clear trend reversal has not yet been confirmed. Entering new long positions without confirmation carries elevated risk.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$0.22
Stop Loss Price
$0.1252
Price at Publish Time:
$0.16072
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