Technical analysis by Wolftrader1337 about Symbol EDEN: Buy recommendation (10/6/2025)

EDENUSDT ### 🔍 **Chart Overview** * **Pattern:** Falling wedge / descending channel — typically a *potential reversal pattern*. * **Key Level:** Around **0.336** (marked “Need to hold above that line”). * **Current Price:** ~0.33 USDT. --- ### 📈 **Bullish Scenario** * If price **holds above 0.336** and confirms support, it could **break the wedge** upward. * Possible targets: * **First:** 0.38 * **Next:** 0.42–0.46 * Volume confirmation is important — breakout with low volume may be fake. --- ### 📉 **Bearish Scenario** * If it **fails to hold 0.336** and drops below the lower red line → * Next downside zones: **0.30 → 0.27** * Could continue drifting until new support forms. --- ✅ **In short (not financial advice):** > OpenEden is sitting at a key support. Holding above **0.336** = bullish bounce likely. Losing it = short-term bearish continuation.