$EOS Short Liquidation at $0.833 – What’s Next?

A significant $2.0243K short liquidation has hit EOS at the critical price level of $0.833.

This move signals heightened market volatility, raising the stakes for traders.

Key Details:

Liquidation Amount: $2.0243K

Liquidation Level: $0.833

Market Trend: $EOS has shown significant buyer momentum, forcing shorts to cover positions.

Next Move:

1. Support & Resistance Levels:

Immediate Resistance: $0.85

Key Support: $0.80

2. Entry Strategy: If bullish momentum continues, consider buying above $0.84 with proper confirmation.

3. Stop Loss: Place a stop loss below $0.80 to manage risk effectively.

4. Caution: Watch for false breakouts near $0.85 as the market consolidates.

$EOS is in a critical zone. The next breakout could dictate the short-term trend—stay alert!