#EDUUSDT Forming Bullish MomentumEDU / TetherUSBINANCE:EDUUSDTCryptoAnalystSignal#EDU The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary. The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions. There is a key support zone in green at 0.0390. 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 an upward move. Entry Price: 0.0518 Target 1: 0.0550 Target 2: 0.0588 Target 3: 0.0635 You can stop at the first and second targets and close the price, or continue to the third target. Stop Loss: At the resistance zone in green. Remember this simple rule: Money Management. Any questions? Please leave a comment. Thank you.