EOS/USDT It required break the resistance for continue upward!

٣٠ مايو

💎 Paradisers, #EOS is indeed demonstrating intriguing movements that warrant close attention.

💎 It appears that the price is poised to resume its upward movement and test the resistance area between 0.88 and 0.917. Breaking through this resistance is crucial to confirming further upward momentum, potentially leading to a reach of our target strong resistance area.

💎 However, if EOS fails to break above the resistance and encounters a strong rejection indicated by a bearish candle around 0.917, the price may retreat back into a downward movement.

💎 In such a scenario, EOS could revisit the trendline or even backtest the demand area to gather momentum for another attempt to break out.

💎 Upon reaching the demand area, it's imperative for EOS to bounce back and resume its upward trajectory in order to make another breakout attempt. Any signs of consolidation or weakness at the demand zone could signal potential challenges ahead.

💎 It's vital to closely monitor EOS's price action, particularly its ability to hold above critical support levels. A breakdown below the demand area, confirmed by a daily candle close below it, would validate bearish momentum and potentially lead to further downward movement.

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