$EOS ALERT – CONSOLIDATING NEAR $0.8470 AS MAJOR SUSPENSION LOOMS
EOS/USDT is trading at $0.8471, after an explosive move earlier in the day. The price is now locked in a tight range just below resistance, as the market reacts cautiously to the official notice of a pair suspension and/or redenomination scheduled for May 26, 2025. Traders must tread carefully with volatility likely to increase.
Key Technical Levels
Resistance Zone:
• $0.8500 – $0.8600 – A strong breakout here could push EOS toward $0.8750 and $0.8950.
Support Zone:
• $0.8450 – If broken, expect a drop toward $0.8300 and possibly $0.8120.
Trade Setup – Volatility Caution Required
Bullish Setup
• Entry Trigger: Break above $0.8600
• TP1: $0.8750
• TP2: $0.8950
• Stop-Loss: Below $0.8440
Bearish Setup
• Entry Trigger: Drop below $0.8450
• TP1: $0.8300
• TP2: $0.8120
• Stop-Loss: Above $0.8600
EOS is holding up well, but the looming suspension makes this a high-risk, high-volatility play.