š EOS Just Broke OutāIs 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:
š 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 MAsāmomentum intact but extended
š 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 bandāclassic overextension setup
š 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 $1.20ā$1.40 from 2022 structure
š§ No Major News Yet
This breakout appears purely technicalāwatch for potential catalysts like governance upgrades or dApp integrations to sustain hype.
šÆ Trade Setup
Entry Zone: $0.68ā$0.72 (pullback buy)
Stop-Loss: Below $0.64
Targets: $0.90 / $1.00 / $1.20
ā ļø Short-term overheated, but macro structure shifting bullish.
š Set alerts around $0.70ā$0.72. Watch RSI divergence and volume trend.
š Bullish or Bearish on EOS from here? Letās hear it.