EOS/USDT – LONG Setup
✅ Entry Zone: $0.70 – $0.78
🎯 Targets:
• T1: $1.12
• T2: $1.64
🔻 Stop Loss: $0.62
🔍 Technical Insight:
EOS has broken out of a descending wedge pattern and successfully reclaimed a major support-turned-resistance zone. The bullish engulfing candle on the weekly timeframe confirms momentum shift. If price sustains above the breakout zone, we may see a strong continuation toward the next resistance levels.
📌 Strategy:
Look for a retest of the breakout zone ($0.70–$0.78) and confirmation of support to initiate long positions. Aiming for mid-term targets as momentum builds.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.