Set trailing $EDU stop loss at 0.06 👍

EDU11.84%
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CryptoSat
💰 $EDU – Breakdown Continuation, Bears in Control ⚠️
🔻 SHORT
✳️ ENTRY : 0.06920 - 0.07115 - 0.07270
🎯 TARGETS: 0.06820, 0.06700, 0.06584, 0.06250, 0.059470, 0.05450, 0.0440
🀄️ LEVERAGE: 20x
🔴 STOPLOSS: 0.0750
Clear lower high + breakdown structure after rejection from the 0.089 top
Price losing MA25 support and continuously printing weak bounces → sellers dominating
MACD expanding on downside + RSI staying suppressed confirms bearish momentum continuation
If 0.066 zone fails cleanly, expect a fast flush toward 0.05 region 📉
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GateUser-6fd3205e
· 1h ago
Trailing stop-loss is good; at least it can prevent a waterfall drop, and EDU's volatility is too high.
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SatsumaSignal
· 3h ago
0.06 is based on the previous low/support level, right? If this level gets swept, accept it.
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EveningBreezeBorrower
· 5h ago
Once you've set your stop-loss, don't be tempted to change it out of boredom; the biggest risk is being carried away by emotions back and forth.
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0xLateDinner
· 5h ago
Support, focus on surviving first, then talk about profits; managing risks is more reliable than predicting directions.
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GateUser-af0ea0c9
· 5h ago
Set, now it depends on whether the trend can continue.
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GateUser-e4fb1fbe
· 5h ago
Got it. I'll also turn on trailing now so that profits don't give back too much.
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BlackVelvetKeychain
· 5h ago
EDU has also had many recent news developments; be careful of price manipulation and profit-taking, and tracking stop-losses is indeed necessary.
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ExitLiquidityEddie
· 5h ago
I am now more inclined to use staggered stop-loss, selling half at 0.06 first, and tracking the rest.
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TheHotAirBalloonRisesAboveThe
· 5h ago
0.06 Feels a bit tight, especially when a small pullback quickly erases it. What retracement ratio are you using?
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TacoTreasury
· 5h ago
This strategy is suitable for lazy people: lock in profits when it rises, automatically exit when it falls, hassle-free.
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