$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.

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