$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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