$EOS
/USDT – Clean Rejection, Bearish Setup
Current Price: $0.5776
Daily Drop: -0.82%
Short Trade Setup:
Entry Zone: $0.5775 – $0.5780
Stop Loss: $0.5858
Take Profit: $0.5591
Risk-Reward Ratio: ~2.3:1
Setup Breakdown:
Price failed to hold above the $0.58 zone and got rejected twice, forming a lower high. Bearish momentum building below resistance.
Why Short Now?
Double wick rejections near $0.60
Range-bound, now breaking to the downside
Risk tightly managed just above resistance
Pro Tip: Wait for confirmation on 15m close below $0.5760 before entry.
#EOS #CryptoShort #PriceAction #RejectionTrade #BearishSetup #Altcoins