Trump-Backed Whale Buys $EOS — Technical Reversal + Insider Entry
🔰 Price Action:
EOS is currently trading at $0.85, following a rejection from the key weekly resistance zone between $1.24–$1.31. This zone has acted as a historical supply area, and the failure to break above it has triggered a short-term corrective move.
🔰 Bullish Development:
EOS has recently broken out of a multi-year falling wedge pattern, signaling a potential long-term trend reversal. Post-breakout, the asset is now retesting lower levels — a common occurrence before continuation.
🔰 Key Demand Zones:
Primary Accumulation Zone: $0.83–$0.69
Major Weekly Support: $0.47–$0.40
These zones coincide with historical consolidation and low-volume nodes, making them ideal for long-term positioning.
🔰 Institutional Interest:
Trump-backed World Liberty Financial has accumulated 3.64M #EOS for 3M USDT, with an average entry at $0.824 — aligning perfectly with the current range. This reinforces the strength of the accumulation zone and may signal smart money inflow.
🔰 Upside Resistances to Monitor: $2.87 / $5.03 / $10.57 / ATH: $14.90
EOS/USDT is showing signs of structural reversal on the HTF. As long as the price holds above the $0.69 base, bullish continuation remains valid. A reclaim and weekly close above $1.31 could trigger the next impulsive leg toward $5+.
