$EOS Long Liquidation Alert

Liquidated Amount: $7.8643K

Price Level: $1.298

What Happened?

A long position in EOS was liquidated as the price dropped to $1.298.

This suggests bearish pressure, pushing the price below a critical support zone.

What’s Next?

1. Bearish Trend Continuation:

If selling pressure persists, EOS could test lower support at $1.25 or $1.20.

2. Potential Bounce:

If the price holds at $1.298, a rebound could lead to recovery toward $1.35.

Key Levels to Monitor:

Support: $1.25, $1.20

Resistance: $1.35, $1.40

Trading Tips:

Buyers: Wait for clear confirmation of a bounce before entering, especially above $1.30.

Sellers: Consider short positions if EOS drops below $1.25, targeting $1.20 or lower.

Market Insight:

This liquidation highlights the importance of watching key support zones.

EOS's next moves depend heavily on overall market sentiment and volume activity.

Stay cautious and plan trades wisely.

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