#EDUUSDT Forming Bullish MomentumEDU / TetherUSBINANCE:EDUUSDTCryptoAnalystSignal#EDU The price is moving within a descending channel on the 1-hour timeframe; it has reached the lower boundary and is poised for a rebound. A retest of this boundary is expected, supporting some upward movement. The Relative Strength Index (RSI) indicates a bearish trend, but an upward breakout is likely due to oversold conditions on the 1-hour timeframe. An orange trend line supports an upward rebound. There is initial support at 0.0460, acting as a preliminary support zone. A key support zone (marked in green) exists at 0.0437; the price has rebounded from this area multiple times, making it a strong support level. The price is moving toward the 100-period moving average—a level we are currently approaching—which supports a rise. Entry Price: 0.0495 Target 1: 0.0508 Target 2: 0.0522 Target 3: 0.0539 Stop Loss: At the green resistance zone. Remember this simple rule: Capital management. If you have any questions, please leave a comment. Thank you.