EOS

Trade setup: Following a bullish breakout from a Channel Down pattern, price also broke above $0.80 and our target of $0.93. However, price is overbought (RSI ~ 80) just as it approaches $1.00 resistance and we would patiently wait for a pullback opportunity for a swing trade entry in Uptrend. (set a price alert).

Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).

Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.

Support and Resistance: Nearest Support Zone is $0.80 (previous resistance), then $0.60. The nearest Resistance Zone is $0.93, which it broke, then $1.08.