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EOS/USDT – Double Bottom Formation Signals Potential 200% Upside
hi Traders
The EOS/USDT chart is currently showing a classic double bottom pattern, a strong bullish reversal signal typically seen after prolonged downtrends. This formation is evident with two distinct troughs forming near the $0.50–$0.55 range, followed by a recent price uptick indicating the start of a potential breakout.
The projected target for this breakout is around $1.72, which represents a 200% increase from the current level of approximately $0.57. This target aligns with a key horizontal resistance level from previous market structure.
If bullish momentum continues and volume supports the move, EOS could revisit this critical resistance zone in the coming weeks, making this a potential high-reward setup for traders eyeing a medium-term opportunity.
It may take some time but the patience will be rewarded!
The EOS/USDT chart is currently showing a classic double bottom pattern, a strong bullish reversal signal typically seen after prolonged downtrends. This formation is evident with two distinct troughs forming near the $0.50–$0.55 range, followed by a recent price uptick indicating the start of a potential breakout.
The projected target for this breakout is around $1.72, which represents a 200% increase from the current level of approximately $0.57. This target aligns with a key horizontal resistance level from previous market structure.
If bullish momentum continues and volume supports the move, EOS could revisit this critical resistance zone in the coming weeks, making this a potential high-reward setup for traders eyeing a medium-term opportunity.
It may take some time but the patience will be rewarded!
💥 Free signals and ideas ➡ t.me/vfinvestment
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
💥 Free signals and ideas ➡ t.me/vfinvestment
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.