EOS/USDT Could EOS Breakout the key resistance area or Rejected!

💎 EOS has certainly made a notable impact in the cryptocurrency market, with its current trajectory pointing towards a crucial resistance area. This particular resistance level holds significant importance; a successful breakout by EOS could catalyze a bullish momentum, probability propelling the asset toward a strong resistance area targeted for its next milestone.

💎 However, should EOS struggle to overcome this resistance barrier, it might find itself retracing its steps back toward the support defined by a bullish trendline. In such a scenario, it becomes imperative for EOS to demonstrate resilience and bounce off this support line to maintain its bullish trend. Failure to do so, resulting in a breakdown of this support, could spell trouble as it could lead EOS to descend towards the demand area.

💎 The demand zone then becomes a critical line in the sand for EOS's bullish narrative. If EOS breaks down below this last bastion of support, it could signal a reversal in market sentiment, turning the trend bearish. Such a shift could lead to a further downward trajectory for EOS, potentially bringing it back to a more substantial support area.