#Vaulta

EOS, a long-time favorite among altcoin enthusiasts, has shown a sudden surge in both price and momentum. After weeks of consolidation, the EOS price is now making headlines with bullish patterns forming across both short-term (hourly) and long-term (daily) charts. This analysis decodes whether the recent move is a fakeout or the beginning of a strong rally.

The EOS/USD hourly chart presents a textbook bullish breakout. Starting with the Heikin Ashi candles, we see a clear shift from indecisive red-blue sequences to solid green candles with minimal lower wicks — an indication of strong intraday bullish momentum.

Note: This is not a financial advise. Do your own research.