🚀 EOS/USDT Technical Analysis 🚀
📊 Support & Resistance Levels:
Support: The price consistently bounces back from the lower horizontal line, indicating strong buying interest.
Resistance: The upper horizontal line acts as a barrier where selling pressure increases, pushing the price down.
📈 Entry Strategy:
Buy Entry: Look for buying opportunities when the price approaches the support level and shows signs of reversal, confirmed by bullish candlestick patterns.
Sell Entry: Consider selling when the price nears the resistance level and exhibits bearish signals.
🔍 RSI Indicator:
Use the RSI to identify overbought or oversold conditions. A value below 30 suggests a potential buying opportunity, while above 70 indicates a selling point.
Stay informed and trade smart! 📉📈
