FieryTrading

đŸ”„ EOS Entering All-Time Low Area: Reversal Potential

BINANCE:EOSUSDT   EOS / TetherUS
EOS has been a very weak token this current bull-cycle. Where other tokens see returns well above >50x, EOS struggled to make a 10x in the same time period. Furthermore, EOS has been in a huge down trend since topping in early May last year.

However, we might see some kind of relief bounce occurring in the near future. EOS is currently trading near the all-time lows, which should classically offer quite some support.

My ideal buy-in area would be between $1.6 and $1.3. In case we get more downside in the coming weeks, keep an eye out for EOS for a decent 2x-3x.

Happy trading!

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