【$EDU Signal】Short squeeze rebound, second pulse sniping

$EDU 1H timeframe surges then consolidates at high levels, RSI skyrocketing to 79.75, buying volume gaps. The 4H Bollinger Bands are widening significantly, price has pierced the upper band, MACD histogram still expanding. The key data is the funding rate at -1.0012%, indicating extremely high short position costs, order book depth is unbalanced at -30.54%, with sparse sell orders. Under this structure, the price holding strongly at high levels itself indicates strength.

Price retraced to around 0.05782, then go long directly—this is the springboard for the bulls' second attack.

🛑 Defense is set below 0.04726; a break below this level indicates the short squeeze logic has failed.

🚀 First target is 0.05824, which is the previous minor resistance level.

🚀 Second target is 0.05847; breaking through here could test the previous high area.

🛡️ Trading management: - Execution strategy: After reaching target 1, reduce position by 50%, and move the stop-loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.

Negative funding rates combined with deep imbalance continue to squeeze shorts. The 1H MACD fast and slow lines are converging, but the price has not fallen sharply, indicating a strong consolidation. On the 4H timeframe, buy volume on key candles is significantly amplified, with clear intent of support from funds. The risk-reward ratio here is favorable—using limited risk to gamble on forced short covering causing a secondary rally.

Check real-time market 👇 $EDU
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