EOS Technical Analysis: EOS/USD sitting on the edge of a cliff, down 10%
|- EOS price is nursing heavy losses in the session on Thursday, down some 10%.
- EOS/USD price flirting with the psychological $3 level to the downside.
- Price is supported by a near-term trend line, if breached, price could free-fall.
EOS/USD 60-minute chart
Spot rate: 2.9409
Relative change: -9.63%
High: 3.3264
Low: 2.9100
Trend: Bearish
Support 1: 2.9600, near-term ascending trend line.
Support 2: 2.8672, 27 November low.
Support 3: 2.8050, daily pivot point support.
Resistance 1: 3.1300, 60-minute resistance.
Resistance 2: 3.4011, 28 November high.
Resistance 3: 3.5000, 60-minute resistance.
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