#GENIUSActPass
EOS (EOSUSDT) is experiencing negative pressures – Analysis – 18-06-2025
The price of EOS/USD (EOSUSDT) has declined in its recent trading sessions, amid a dominant downward trend in the short term and trading alongside a trend line, with continued negative pressure resulting from trading below its 50-period simple moving average. Additionally, we note the emergence of negative signals in the relative strength indicators, despite entering oversold regions.
Therefore, our expectations indicate a decline in the price of the currency during its upcoming trading sessions, as long as it remains below the resistance level of 0.5568, aiming for the pivotal support level of 0.4390.
Expected trend for upcoming trades: Bearish