EOS: Long and short positions in a tug-of-war, how to choose the key points?
The market is sluggish, can we welcome a rebound opportunity?
The game of support and resistance, revealing the next trend!
Market analysis
EOS is currently in a weak oscillation state, with prices fluctuating within a narrow range, market trading volume shrinking, and the overall trend appears slightly fatigued. Short-term moving averages indicate insufficient bullish strength, but the support level still has some resilience.
Key support and resistance levels
• Support levels: $0.77, $0.75, $0.73
• Resistance levels: $0.80, $0.83, $0.85
Short-term trading strategies
1. Long position plan
• Entry point: $0.78
• Add position point: $0.77
• Stop loss point: $0.73
• Take profit targets: $0.80, $0.83, $0.85
2. Short position plan
• Entry point: $0.83
• Add position point: $0.85
• Stop loss point: $0.87
• Take profit targets: $0.80, $0.77, $0.75
My prediction
Combining the current trend and technical indicators, EOS may rebound in the short term, suggesting a focus on long position strategies while closely monitoring the stability of the support level at $0.77.
[Daily analysis of mainstream coins and altcoins will be shared with my brothers, you can click on the coin pair tags in the article for trading, wishing my brothers and sisters make a fortune!]
