# Edu

Most traders lose here:
They trade trend
in a ranging market.
And range
in a trending market.
Understand the environment →
everything changes.
Trend or range right now?
‍#EDU #GateSquareAprilPostingChallenge

EDU/USDT Forming Bullish Momentum💥🔥🙏
#EDU
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
There is a key support zone in green at 0.1020, and the price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports

#EDU Through Aice100's data analysis, it can be seen that when the $EDU price is around $0.03044, the 24h change is +6.32%.
From the chart, short-term momentum has been pushed again, with funds continuing to follow the trend.
But note that currently 68% of people are shorting, while 32% are going long. For a pullback, we need to see if the downside can hold.
If $0.02968 does not break, the structure still has a foundation to continue; only after $0.03135 is passed will the space open up.