EOS Today's Strategy: Market Adjustment, Awaiting Rebound
Market Analysis:
EOS currently has weak market sentiment, with insufficient bullish support, and price fluctuations are within a downward consolidation channel. In terms of trends, there is significant downward pressure in the short term, but as market activity gradually rebounds, a brief rebound may occur.
Support Levels:
1. $0.77
2. $0.73
3. $0.70
Resistance Levels:
1. $0.82
2. $0.86
3. $0.92
Short-term Strategy:
Long Position:
• Entry: $0.77
• Add Position: $0.73
• Stop Loss: $0.70
• Take Profit Targets: $0.82, $0.86, $0.92
Short Position:
• Entry: $0.82
• Add Position: $0.86
• Stop Loss: $0.92
• Take Profit Targets: $0.77, $0.73, $0.70
My Prediction:
There is a high probability that the price will rebound after testing the lower support levels, it is recommended to attempt to build long positions at lower levels.
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