$EOS /USDT SPIKE AND RETRACE — FAKEOUT OR BREAKOUT? WATCH CLOSELY!
$EOS saw a sudden vertical spike to $0.8155 before pulling back sharply to the $0.75 zone. This wick suggests a possible liquidity grab or early breakout rejection. Currently, price is consolidating just below $0.76 resistance — bulls need to reclaim and close above $0.7750 for confirmation of further upside.
Trade Setup (Long Idea):
Entry: $0.7500 – $0.7580
Take Profit (TP): $0.7900 / $0.8150
Stop Loss (SL): $0.7350
Market Outlook:
Strong wick upside suggests heavy interest, but without a solid candle close above $0.7750, risks of retracement remain. Watch for volume breakout on retest.
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Be early, be profitable! Tap in before the market leaves you behind because every trend rewards the bold.
Don’t let this bullish wave pass you by — enter smart, ride the breakout!
Ride the momentum before it fades — profits favor the fearless!
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