#EOSUSDT 12H Chart
Price is still ranging in an uptrend however it recently reached the resistance area at $2.75 where it got rejected from and it is currently bouncing from the support line as well as the 3h breaker zone. MACD lines are preparing to cross and become bearish, RSI is slightly bought and EMAs are neutral. Price may break below the support line after a retest of the resistance area diving down towards the support at $2.3. If price manages to close above $2.8 then it would be heading directly towards the 4h supply at $3.2 after filling the imbalance at $3.1.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.