CryptoPatel

EOS/USDT Technical Analysis overview

Long
BINANCE:EOSUSDT   EOS / TetherUS
Based on the chart analysis:-
EOS is currently trading at $1.21 and appears to be in a parallel channel.
It is currently testing the resistance level at 1, and if it breaks above this level, there could be a potential upward movement. However, if it fails to break above this resistance level, it could test the support at $1 once again.

It's important to note that trading decisions should not be made blindly and should be approached with a professional mindset. It's also worth mentioning that the market sentiment could shift from super bearish below $1 to super bullish above $1.96.

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