EOS has formed lower highs and higher lows recently, consolidating inside a symmetrical triangle pattern. A downside break could lead to a drop to the 6.0000 support while a break higher could lead to a rally to the 20.000 resistance.
The 100 SMA is below the longer-term 200 SMA to signal that the path of least resistance is to the downside. In other words, a break lower might be more likely to happen, especially since the 100 SMA dynamic inflection point lines up with the triangle top.
RSI is pointing up, though, so there may be some buying pressure left. Similarly, stochastic is heading up so EOS could follow suit.
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