EOS / TetherUSלונג
Is EOS Ready for a Breakout or Further Decline in the Price?
Yello! Are you prepared for what's next in the #EOS market? Let's look at the latest analysis of the #EOSUSDT and find out what's going to happen next:
💎#EOS is currently compressed between the falling wedge's trend lines, and we're expecting a bullish breakout soon. The increasing trading volume and the 50EMA, which is on the verge of crossing, are adding to this bullish bias.
💎But what if EOS faces resistance at the upper trend line of the wedge? In that case, we could see a retest of the bullish order block (OB) around $0.522. This level has been a stronghold of support for EOSUSDT, rich with liquidity and a key area for potential buy orders.
💎However, if EOS doesn't bounce back from $0.522, the focus shifts to the next crucial support at the lower demand zone of $0.444. The likelihood of a strong rebound here is quite high, making it a critical level to watch.
💎On the flip side, if EOS continues to slide, the bears might gain control, leading to a bearish continuation. This would mark a significant shift in the market sentiment.
Stay disciplined, Paradisers, and watch those key levels for profitable trading!
MyCryptoParadise
iFeel the success🌴
💎#EOS is currently compressed between the falling wedge's trend lines, and we're expecting a bullish breakout soon. The increasing trading volume and the 50EMA, which is on the verge of crossing, are adding to this bullish bias.
💎But what if EOS faces resistance at the upper trend line of the wedge? In that case, we could see a retest of the bullish order block (OB) around $0.522. This level has been a stronghold of support for EOSUSDT, rich with liquidity and a key area for potential buy orders.
💎However, if EOS doesn't bounce back from $0.522, the focus shifts to the next crucial support at the lower demand zone of $0.444. The likelihood of a strong rebound here is quite high, making it a critical level to watch.
💎On the flip side, if EOS continues to slide, the bears might gain control, leading to a bearish continuation. This would mark a significant shift in the market sentiment.
Stay disciplined, Paradisers, and watch those key levels for profitable trading!
MyCryptoParadise
iFeel the success🌴
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