$EOS
💡 Quick Technical Analysis:
✅ Notable Recovery!
After dropping to the level of $0.5412, EOS has rebounded to settle currently at $0.6287, recording gains of +3.17% over the last 24 hours – reflecting a gradual return of confidence.
✅ RSI Approaching Overbought!
The Relative Strength Index (RSI) is at 70.41 – very close to the overbought zone, indicating that the market is experiencing momentum, but there is also a possibility of a nearby corrective move.
✅ MACD Attempting Positive Crossover!
The MACD line (0.0032) has started to move upwards towards the signal line (-0.0134), which could indicate the beginning of a bullish momentum shift if this crossover is confirmed.
✅ Trading Volume is Stable!
Currently, volumes are not at their peak, meaning the current movement may need a stronger liquidity push to confirm the continuation of the upward trend.
🚀 Expected Scenario, we may see an attempt to reach again $0.75 then $0.88 (previous peak).
In case of a breakout failure, the nearest support is at $0.58 then $0.54.
EOS
0.6333
+5.56%
🔥 Is EOS Ready to Explode Again?!
With increasing momentum and improved indicators, EOS may have a chance to replicate the previous upward movement – but be cautious of any price rejection at current resistance levels.
📌 Quick Tips:
Use a stop loss below $0.58 to reduce risks.
📢 Share your opinion! Do you see EOS retesting $0.88? Or is a correction coming?!