$EOS Long Liquidation: $5.7292K at $0.617
Buy Zone: $0.594 – $0.608
Targets: $0.635 and $0.662
Stop Loss: $0.582
Analysis:
Over $5.7K in long positions just got liquidated at $0.617—a strong sign that weak hands are being flushed out in this correction phase. $EOS is under pressure, but this type of liquidation often creates prime re-entry zones for savvy traders. The $0.594–$0.608 range offers a solid risk-reward window for those looking to position early before the next potential bounce. If EOS reclaims $0.62 with volume, a quick surge toward $0.635 and $0.66 is likely. However, if BTC dips sharply, could retest lower zones—so strict stop-loss discipline is crucial.
Market's shaking out the weak—time to trade with precision. Follow for the next big setup.