MyCryptoParadise

EOS/USDT it is required break the resistance for continue upward

BINANCE:EOSUSDT   EOS / TetherUS
πŸ’Ž Paradisers, the recent market dynamics surrounding #EOS have indeed been noteworthy.

πŸ’Ž EOS experienced a false break on the lower time frame (LTF), indicating the potential for a revisit to the Bullish OB area to gather momentum for another attempt at breaking the resistance.

πŸ’Ž A successful bounce from the OB area and subsequent breakout of the resistance could signal bullish momentum, leading to continued upward movement.

πŸ’Ž Reaching the supply area would require another breakout, potentially propelling EOS towards our target strong resistance.

πŸ’Ž However, if EOS fails to bounce upon testing the Bullish OB area or even breaks below it, there's a chance of revisiting the major support area. EOS has previously bounced from this area three times, often indicated by wicks, suggesting strong buying interest at that level.

πŸ’Ž Bullish Invalidation would occur if EOS fails to sustain its price above the major support area, resulting in a candle close below it. This would signify bearish sentiment and could lead to further downward movement.

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