As is the case with most of the altcoins, eos is in a downtrend that started to accelerate but even in a downtrend at some point (most of the times can be anticipated) the price stops falling and recovers a bit. For now the price stalled at the 1.272 extension of the first down impulse which is just above a previous support/resistance. For us there aren't enough reasons to buy this but if the price reaches the area between 0.786 and the 1.414 extension and it also touches the median line it would be good buying opportunity.