EOS Price Analysis Powered by AI

EOS poised for a VWAP reclaim and R2 test: buy the dip toward 0.291–0.292 for a 0.302 target

Executive summary and 24h bias

Current price: 0.29449. In the last 24h EOS printed a sharp intraday rally from 0.28195 to 0.30071, then pulled back and is consolidating just below VWAP. Structure and breadth suggest a short-term bullish bias for the next 24 hours with a likely retest of 0.300–0.303, provided 0.291–0.289 holds.

Multi-timeframe structure

Primary trend since late July remains down: from ~0.61 (late Jul) to ~0.29 now, with multiple lower highs/lows.
Post-crash regime (Oct 10): large capitulation down to 0.26, followed by a relief bounce to ~0.33 and a controlled pullback into the upper-0.28s/low-0.29s. Price now stabilizing and carving a base.
Key daily levels: • Support: 0.289–0.291 (recent closes), 0.285–0.286 (micro base), 0.274 (Oct 11), 0.264 (Oct 10 capitulation). • Resistance: 0.300–0.305 (round number + supply from recent rally), 0.312–0.316, 0.328–0.333.
Read: Higher timeframe still bearish but near-term consolidation suggests potential mean reversion upwards inside the post-crash range.

Today’s session put in a higher low at 0.28195, impulsed to 0.30071 (clear break of recent intraday highs), then retraced to ~0.2945 and is holding above the midpoint of the session’s range.
Price is now slightly below intraday VWAP but above key intraday moving averages and Ichimoku baselines, indicating constructive digestion of the earlier impulse.

Trend indicators

SMAs (Daily): • 7D SMA ≈ 0.290 (rising). Price (0.2945) is above 7D SMA → short-term bullish. • 14D SMA ≈ 0.308 (falling). Price is below 14D SMA → intermediate downtrend intact. • Interpretation: Short-term momentum has turned up inside a broader downtrend; mean reversion versus the 14–20 day basis still has room.
EMAs (Daily): • 9EMA is curling higher, still below the 21EMA (estimated), showing a developing but not yet confirmed bullish inflection.
DEMA/TEMA (conceptual): faster averages would already have crossed up post-crash, aligning with the short-term bounce view.

Momentum oscillators

RSI (Daily, 14): Post-crash recovery has shifted RSI from deeply oversold toward the mid-40s/low-50s. This is a “RSI bull range test” scenario; holding above ~45 favors continuation toward 50–55.
RSI (1H): Spiked >60–70 on the run to 0.3007, cooled back toward neutral (~50). This is constructive: momentum reset without breaking structure.
MACD (Daily): Histogram contracting toward zero; a cross from negative to positive looks possible if price pushes through 0.300–0.303 in the next 24–72h.
MACD (1H): Positive, flattening after the thrust; a shallow pullback (0.292–0.294) often precedes a second push.

Volatility and bands

Bollinger Bands (Daily, 20): Post-crash expansion now compressing; price trades below the 20D mid-band, with room to mean revert higher before encountering mid-band resistance.
Bollinger Bands (1H): After touching/near upper band at 0.3007, price reverted toward the mid-band. Band shape suggests a pause before a potential second expansion.
ATR (Daily): Elevated after Oct 10, now normalizing; allows 6–8% daily swings. Today’s range (6.7%) is consistent.

Volume, flow, and VWAP

Daily volume: Heavy on crash days (capitulation), tapering since; classic bottoming-volume signature.
Hourly volume: Breakout hours (14:00–16:00) showed meaningful upticks, confirming the move through intraday resistance. Subsequent pullback on lighter volume = healthy.
OBV (qualitative): Stable-to-rising since the lows, indicating accumulation on up-moves.
Intraday VWAP: Roughly 0.295–0.296. Current price is just below VWAP, suggesting a potential mean-reversion buy set-up if price reclaims VWAP or tags confluence support (0.291–0.292) first.

Market structure and patterns

Intraday ascending triangle: Base 0.289–0.292, ceiling 0.300–0.301. First breakout occurred; current pullback is testing breakout area from above.
Double-bottom/stop run: The 0.282 sweep (today) under prior swing lows gathered liquidity; the impulsive reversal implies larger players bought the dip.
Candle behavior: Strong impulsive hourly candles to highs with small upper wicks, followed by controlled pullback candles; no aggressive distribution yet.

Ichimoku (1H)

Tenkan-sen (9) ≈ 0.2918; Kijun-sen (26) ≈ 0.2918 (given today’s range). Price at 0.2945 trades above both lines.
Kumo: Price is just above a thin cloud zone (~0.291–0.292). Thin cloud = less resistance; a reclaim above VWAP favors another attempt higher.
Chikou span likely near/above price, mildly supportive.

Fibonacci mapping (intraday swing 0.28195 → 0.30071)

23.6%: 0.2969 (tested/rejected once)
38.2%: 0.2946 (current area)
50%: 0.2913 (confluence with daily pivot and Ichimoku baselines)
61.8%: 0.2890
Read: Price is sitting at 38.2% support. A routine ABC pullback could extend to 0.291–0.289 without breaking the bullish impulse. Holding 0.289 keeps the structure intact for another leg to 0.300–0.303.

Classic pivots (from Oct 20 H/L/C: 0.2968/0.2852/0.2918)

Pivot P ≈ 0.29127; S1 ≈ 0.28576; R1 ≈ 0.29731; R2 ≈ 0.30282; R3 ≈ 0.30886.
Today’s high 0.30071 cleared R1 and approached R2; a second attempt can tag R2 (0.3028). That aligns neatly with a profit target just below 0.303.

Anchored VWAP and mean reversion

AVWAP anchored to today’s session open sits ~0.295–0.296; price slightly below suggests a buy-the-dip path: enter on a further dip into 0.291–0.292 (confluence) or on VWAP reclaim.

Supply/demand and liquidity

Resting liquidity likely above equal highs 0.300–0.301; a stop-run toward 0.302–0.303 is a high-probability magnet in the next 24h if 0.289 holds.
Below, liquidity pools: 0.289 (61.8%), 0.286 (prior micro base), 0.282 (today’s low). A decisive break under 0.289 would likely force a test of 0.286–0.285.

Probabilistic path (next 24h)

Base case (~55%): Chop-to-up scenario. Early dip to 0.292–0.291, then reclaim VWAP and push 0.300–0.303 (test R2). Close near 0.299–0.302.
Bullish extension (~25%): Quick VWAP reclaim without deeper dip; momentum squeeze through 0.303 toward 0.305–0.308 (R3 vicinity) if volume expands.
Bearish risk (~20%): Lose 0.289–0.291 support; slide to 0.286–0.285. Only a daily close below ~0.285 would materially dent the short-term bullish case and reopen 0.282/0.274.

Strategy synthesis and trade plan

Confluence long zone: 0.291–0.292 (50% Fib + daily pivot P + Ichimoku baseline). This is the optimal location to open with favorable R:R.
Profit objective: 0.3025 (just below R2 0.3028 and beneath the intraday liquidity shelf at 0.303) to improve fill probability.
Optional stop (risk control, not requested but provided): 0.2887 (below 61.8% Fib and under intraday structure). R:R ≈ (0.3025−0.2916)/(0.2916−0.2887) ≈ 0.0109/0.0029 ≈ 3.8:1.
Trade triggers: Either • Passive limit buy at 0.2916–0.2918; or • Active buy on VWAP reclaim (>0.296 with strengthening tape) with tighter initial stop.

Indicator-by-indicator verdict

Trend (short-term): Bullish pullback within larger bearish context → OK for 24h long.
Momentum: Cooling from overbought on 1H, still positive → Favors continuation after pullback.
Volatility: Sufficient to reach 0.302–0.303 within 24h → Target realistic.
Volume/flow: Breakout backed by volume, pullback lighter → Constructive.
Ichimoku/VWAP/Fib/Pivots: Strong multi-tool confluence at 0.291–0.292; magnet above at 0.302–0.303.

Risk factors to watch

A swift loss of 0.289 on rising volume would invalidate the setup short term and shift the magnet to 0.286/0.285.
Macro/crypto beta shocks could re-widen ranges; honor stops if using them.

Bottom line

Bias up over the next 24h with an optimal buy-the-dip entry near 0.2916–0.2918 and a take-profit into 0.302–0.303. The path of least resistance is a retest of 0.300–0.303 so long as 0.289 holds.