$EOS #EOS 📉
Direction: SHORT
Entry zone: 0.0712 to 0.0720
Stop loss: 0.0735
Target 1: 0.0700
Target 2: 0.0685
EOS is trading near 0.0716 dollars, down 2.54 percent in 24 hours, inside a range of 0.0700 to 0.0744 dollars, and the recent closes show it flat at the low, 0.071343, then 0.07157, then 0.071721, then 0.071566, then 0.071566. 🔴 My reading is that EOS is sitting almost on its 24 hour low with no bounce at all, because a coin that cannot lift off its low while the whole market is bleeding is telling you sellers are in control, and the next push down has very little support underneath. A short from the current zone, with a stop above 0.0735, targets 0.0700 first and then 0.0685 if sellers break the range low. A move above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does EOS break 0.0700 today, or reclaim 0.0735 first? 🤔
Follow for more trades.
#EOS #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.0712 to 0.0720
Stop loss: 0.0735
Target 1: 0.0700
Target 2: 0.0685
EOS is trading near 0.0716 dollars, down 2.54 percent in 24 hours, inside a range of 0.0700 to 0.0744 dollars, and the recent closes show it flat at the low, 0.071343, then 0.07157, then 0.071721, then 0.071566, then 0.071566. 🔴 My reading is that EOS is sitting almost on its 24 hour low with no bounce at all, because a coin that cannot lift off its low while the whole market is bleeding is telling you sellers are in control, and the next push down has very little support underneath. A short from the current zone, with a stop above 0.0735, targets 0.0700 first and then 0.0685 if sellers break the range low. A move above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does EOS break 0.0700 today, or reclaim 0.0735 first? 🤔
Follow for more trades.
#EOS #Crypto #FuturesTrading #TradingSignals
