**Squeezing for Breakout: $EOS /USDT Poised for a Move?**
The EOS/USDT pair is showing signs of a tightening range, with price currently at **0.8412** (+6.59% today). Key indicators suggest a potential breakout is brewing:
- **Bollinger Bands** are narrowing (UP: 0.9558, DN: 0.5978), signaling reduced volatility and a possible explosive move.
- **Volume** (43.4M) is holding above the MA(5), hinting at sustained interest.
- **Stochastic RSI** (9.32) is deeply oversold, which could fuel a reversal if bulls step in.
**Levels to Watch:**
- **Break above 0.9128** (recent high) could target **0.9558** (upper Bollinger).
- **Hold 0.7768** (mid-Bollinger) as support for bullish momentum.
With EOS labeled a **"Gainer"** in Layer 1/2, traders should monitor this squeeze closely. Are we gearing up for a bullish breakout or a fakeout?
**What’s your take?**