Trading Signals for $EOS
Action: Short Position
Entry Range: $0.810 - $0.815
SL: $0.825
TP: $0.785 - $0.770
🥂 Trade Now👇$EOS
🚨 Note: Trade at your own risk. DYOR.
EOS has shown a minor uptick of 0.73% over the last 24 hours, suggesting potential price consolidation within the $0.805-$0.815 range. The trading volume of $172M indicates moderate market activity, but the relatively stable movement points to a possible resistance level forming near $0.815. The upward trend appears weak, and scalpers might benefit from a short position if the price fails to break above the resistance.
For this strategy:
Entry Range: Short within $0.810-$0.815 if resistance persists.
Stop-Loss: Set at $0.825 to limit losses in case of an unexpected breakout.
Take Profit: First target at $0.785 (3%) and extend to $0.770 (15%) for optimal profit if the bearish trend strengthens.
This setup leverages consolidation patterns with precise risk management for scalpers.
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