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EOS/USDT – Double Bottom Formation Signals Potential 200% Upside
hi Traders
The EOS/USDT chart is currently showing a classic double bottom pattern, a strong bullish reversal signal typically seen after prolonged downtrends. This formation is evident with two distinct troughs forming near the $0.50–$0.55 range, followed by a recent price uptick indicating the start of a potential breakout.
The projected target for this breakout is around $1.72, which represents a 200% increase from the current level of approximately $0.57. This target aligns with a key horizontal resistance level from previous market structure.
If bullish momentum continues and volume supports the move, EOS could revisit this critical resistance zone in the coming weeks, making this a potential high-reward setup for traders eyeing a medium-term opportunity.
It may take some time but the patience will be rewarded!
The EOS/USDT chart is currently showing a classic double bottom pattern, a strong bullish reversal signal typically seen after prolonged downtrends. This formation is evident with two distinct troughs forming near the $0.50–$0.55 range, followed by a recent price uptick indicating the start of a potential breakout.
The projected target for this breakout is around $1.72, which represents a 200% increase from the current level of approximately $0.57. This target aligns with a key horizontal resistance level from previous market structure.
If bullish momentum continues and volume supports the move, EOS could revisit this critical resistance zone in the coming weeks, making this a potential high-reward setup for traders eyeing a medium-term opportunity.
It may take some time but the patience will be rewarded!
💥 Free signals and ideas ➡ t.me/vfinvestment
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💥 Free signals and ideas ➡ t.me/vfinvestment
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.