$EOS EOS/USDT Trade Insight: Why I Bought at Support

I recently bought EOS/USDT around the $0.75–$0.76 level. Here's why:

Support Zone: The price recently touched a low of $0.7514, which acted as strong support based on the 4H chart. This level has previously held up well, suggesting buying interest at this zone.

Resistance Levels: Nearby resistance is seen around $0.8039 (25MA) and $0.8082 (99MA). If EOS breaks above these, it could test the $0.84–$0.85 area.

Indicators: The moving averages (MA7, MA25, MA99) show potential for a reversal if momentum builds. A bounce from this support level could create a bullish setup.

Volume Spike: There was increased volume near the support zone, which often confirms accumulation by buyers.

Buying near support helps limit downside risk and improves risk-reward ratio, especially when paired with a tight stop just below $0.75. My next watch level is a breakout toward $0.80+.$EOS #MyEOSTrade