Timeframe : Weekly
EDU has been doing what most crypto tokens do when they’re not pumping, bleeding out slowly, then pretending it meant to. The weekly chart, is showing early signs of seller fatigue and a bit of structural improvement, we’ve got a higher low (HL) and a higher high (HH) forming around a clearly defined base. The question now is simple: can this pullback hold and print another HL, or is this just the market taking a breather before continuing its favourite hobby: burning peoples cash.
This is a high-risk, speculative attempt to catch a potential trend shift early.
Key Levels
Support (Higher-Low Zone): ~$0.15 – $0.17. This is the “if buyers are real, they show up here” area.
Invalidation : A sustained break (meaningful weekly close) below the support zone. If it loses that, the “reversal” narrative gets thrown in the bin.
Resistance areas:
T1: ~$0.44 (first major reaction level / gateway into the supply zone).
T2: ~$0.60 (mid-zone resistance where price may stall and people will start tweeting again).
T3 (Stretch): ~$1.05 (top of the prior supply zone, the “bagholder reunion tour” level).
Conclusion
EDU is attempting to base after a nasty decline, with early HL/HH structure and an RSI breakout suggesting momentum may be trying to turn. If the support zone holds and another HL forms, there’s a reasonable case for a relief rally toward T1, and possibly deeper into the overhead supply zone at T2/T3. But don’t romanticise it, the area above is packed with supply and impatient sellers, and failure is still very much on the table. Trade is invalidated if the new support structure breaks.
Ww
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Disclaimer
This is not financial advice. It’s a technical-analysis idea, not a guarantee, not a signal service, and definitely not a substitute for your own research. Crypto is volatile, thin liquidity happens, and price can invalidate your “perfect setup” just to be spiteful. Manage position size, use stops appropriate to volatility, and assume you can be wrong, because you can. I may hold a position at any time, and this idea may be invalidated without notice.