💡 Quick Technical Analysis:
✅ Up by +7.86%! The EOS coin is experiencing a strong upward movement, from the last low at 0.5839 to 0.7631, indicating renewed buying interest.
✅ RSI at 78.88 – in the overbought zone! This reflects strong momentum but also warns of a potential short-term correction.
✅ MACD is positive and expanding! A clear crossover indicates rising bullish momentum, and it may push the price towards new levels if liquidity continues.
✅ Strong candles on the 4-hour timeframe with high trading volume – a signal of institutional or large investor entry.
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🚀 Expected Scenario:
If the next psychological resistance at 0.77 - 0.78 is broken, we may see a surge towards 0.84 then 0.88 as target technical levels.
In the case of a correction from these high levels, the 0.70 - 0.68 area may provide good support and a buying opportunity.
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🔥 Is EOS about to regain its glory?!
With the current momentum and strength indicators, EOS may be at the beginning of a new upward wave – but watch out for potential corrections.
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Tips for the Smart Investor:
Watch trading volumes – they are key to confirming the continuation of momentum or the beginning of weakness.
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📢 Do you expect EOS to exceed 0.80 soon? Or will overbought conditions halt the momentum? Share your vision! 🚀👇