Support and Rebound: Where are the Opportunities for EOS?

Market Analysis

Recently, EOS's market performance hasn't been impressive, but it has shown some resilience at lower levels. The tug-of-war between bulls and bears continues, and short-term volatility has increased significantly; patiently waiting for better opportunities may be wise.

Support and Resistance Levels

• Support Levels: $0.85, $0.80, $0.75

• Resistance Levels: $0.93, $0.98, $1.03

Short-Term Trading Strategy

Long Position Strategy (suitable for buying the dip):

• Entry Point: $0.86

• Add Position Point: $0.81

• Stop-Loss Point: $0.74

• Take Profit Targets: $0.93, $0.98, $1.03

Short Position Strategy (suitable for aggressive traders):

• Entry Point: $0.93

• Add Position Point: $0.98

• Stop-Loss Point: $1.04

• Take Profit Targets: $0.86, $0.81, $0.75

$EOS

My Prediction

Based on the current trend and market sentiment, it is expected that EOS may stabilize near the support levels and then rebound in the short term. It is recommended to focus on long positions with buying opportunities near the support levels.

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