Does EOS have a chance in this big rebound?

【Price Trend Analysis】

Candlestick Pattern:

The recent price has fluctuated between 0.6387 and 0.6851, forming a consolidation range. On April 24, a long upper shadow appeared, indicating significant selling pressure above.

Technical Indicators:

MACD: Both DIF and DEA are negative, and the MACD histogram continues to decline, showing a weak short-term trend. RSI: RSI14 hovers around 40, not entering overbought or oversold zones, indicating neutral market sentiment. EMA: The price is operating below EMA7, EMA30, and EMA120, with moving averages in a bearish arrangement, indicating a bearish mid-term trend.

Trading Volume:

On April 24, trading volume significantly decreased compared to the previous day, indicating a decline in market participation. On April 23, trading volume increased, but the price failed to break through the previous high, indicating strong resistance above.

04-24 15:04:33

【Buy/Sell Points】

Buy Point One: 0.6400 USDT (integer point support, near previous low, combined with RSI close to oversold zone, potential for a rebound)

Buy Point Two: 0.6350 USDT (below previous low of 0.6387, further pullback may attract buying interest, better risk-reward ratio)

Long Stop Loss Point: 0.6300 USDT (below Buy Point Two of 0.6350, and within half the distance between Buy Point One and Buy Point Two, controlling risk)

Sell Point One: 0.6600 USDT (integer point resistance, near EMA30, combined with MACD downtrend, potential selling pressure)

Sell Point Two: 0.6700 USDT (near previous high of 0.6723, further rebound may attract selling interest, better risk-reward ratio)

Short Stop Loss Point: 0.6750 USDT (above Sell Point Two of 0.6700, and within half the distance between Sell Point One and Sell Point Two, controlling risk)#加密市场反弹 #eos