🚀 EOS Just Broke Out—Is This the Macro Reversal?
EOS/USDT is showing serious strength across multiple timeframes. Here's why this move could be more than just a pump:
📊 1D & 4H Breakout Confirmed
Explosive rally from $0.55 base to $0.82+ with massive volume
Cup-without-handle formation on 1D, clean breakout above $0.70
Price still above short-term MAs—momentum intact but extended
📉 RSI Overbought on LTFs
RSI likely flashing warning signs on 1H/4H (watch for bearish divergence)
MACD bullish but due for short-term cooling
Bollinger Bands: Price hugging the upper band—classic overextension setup
📈 Monthly Chart Signals Trend Reversal
April candle already up +26%
EOS has officially broken a multi-year downtrend
Next macro resistance at $1.00, then $1.20–$1.40 from 2022 structure
🧠 No Major News Yet
This breakout appears purely technical—watch for potential catalysts like governance upgrades or dApp integrations to sustain hype.
🎯 Trade Setup
Entry Zone: $0.68–$0.72 (pullback buy)
Stop-Loss: Below $0.64
Targets: $0.90 / $1.00 / $1.20
⚠️ Short-term overheated, but macro structure shifting bullish.
📌 Set alerts around $0.70–$0.72. Watch RSI divergence and volume trend.
📊 Bullish or Bearish on EOS from here? Let’s hear it.