💡 Quick technical analysis:
✅ Clear rebound! After a sharp drop to $0.6821, we saw a quick rebound to $0.6936, showing increasing buying interest in this area.
✅ RSI is in an ideal position! The Relative Strength Index (RSI) is at 69.5 – approaching the overbought area, but there is still room for more upward momentum before a correction.
✅ MACD is shining! The MACD crossover shows positive signs, with the fast line nearing the slow line – an initial signal of a change in direction.
✅ Increase in trading volume! With rising volume and price moving up, it seems buyers are entering strongly.
🚀 Expected scenario:
If EOS can break the current resistance at $0.6950-$0.6970, we may witness a strong push towards $0.7070 then $0.7210.
However, in the case of a downward bounce, the $0.6820 - $0.6850 area may form strong support and a re-entry opportunity for buyers.
🔥 Is EOS preparing for a new upward journey?!
With increasing technical momentum and rising volume, this could be the beginning of a new upward movement – but caution is necessary near resistance areas.
📌 Quick Tips:
Watch for a breakout at the $0.6970 level to confirm entry.
Don't enter late after a strong rise without confirmation.
Use a stop loss below $0.6820 to avoid risks.
📢 Share your opinion! Do you think EOS will surpass $0.70? Is this your chance to ride before the explosion?! 🚀👇
I bought at a price of 0.683
We hope this week starts with a rise.
What do you think?