EOS surged past a multi-year downtrend as Trump-linked World Liberty Financial purchased 3.64M tokens at $0.824.
Analysts highlight EOS's breakout above $0.83, targeting $1.30 and beyond, with potential gains exceeding 2,000% long-term.
EOS retests critical zones near $0.926, with institutional buys and bullish momentum driving focus on $1.30 resistance.
EOS has drawn renewed attention after a Trump-linked entity acquired millions of tokens near a long-term breakout level. The altcoin recently broke out of a multi-year downtrend and is retesting a key demand zone near $0.83.
Breakout Structure Aligns With Accumulation and Institutional Entry
EOS has re-entered the spotlight after forming a multi-year technical base and gaining traction near historical accumulation levels. Price action shows a breakout from a long-standing bearish trendline, now retesting support between $0.69 and $0.83.
Market observers noted that World Liberty Financial, a Trump-backed organization, purchased 3.64 million EOS at $0.824. This buy coincides with a strong breakout structure forming on higher timeframes, according to Crypto Patel, who analyzed EOS’s historical movement from 2020 to 2025.
Source: Crypto Patel
The analysis highlighted a descending trendline that held for over two years until an early 2025 breakout occurred. EOS had formed consistent lower highs and lower lows, with support holding between $0.4750 and $0.8351 during the 2023–2024 period. The EOS price is currently trading at $0.9264, creating bullish momentum with taller green candles showing increased participation.
According to Crypto Patel, resistance sits between $1.054 and $1.1311, now acting as a breakout retest zone. Expert Patel added that upside checkpoints beyond include $2.97, $5.50, and $10.57, with a full rally targeting the previous ATH at $14.27. The altcoin has potential for a 2,050% move from its current level if bullish continuation sustains.
This chart analysis uses weekly timeframes and plots each resistance level based on historical trading cycles. Market watchers tracking price behavior consider the green projection bar extending toward the ATH as a strong visual cue for reversal strength.
EOS Approaches Key Confirmation Level Above $1.30
Bitcoinsensus has provided additional insights by analyzing the EOS/USDT weekly chart on Binance, where a falling broadening wedge pattern has developed since 2022. He explained that the wedge reflects weakening bearish pressure, with EOS creating higher lows while failing to breach upper resistance until recently.
Source: Bitcoinsensus
According to Bitcoinsensus, the $1.3000 zone serves as both resistance and breakout confirmation. If price breaks and holds above this level, the next upside targets are $1.4600 and $1.9480. The analyst illustrated prior rejection points with orange markers and noted that the grey zone above $1.30 has acted as a supply pocket since 2023.
The altcoin has been trading above the wedge midpoint and is nearing the upper resistance trendline. Bitcoinsensus emphasized that failure to clear $1.30 could send the price back to the $0.70 support. Market analysts watching this structure consider the magnet icon at $1.30 symbolic of key decision-making pressure. Both analysts agree that the technical breakout is backed by a mix of historical structure, accumulation, and now smart money entry.
The post EOS Breaks Multi-Year Downtrend: Resistance at $1.30 Holds the Key to Major Gains appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
