EOS Under Heavy Distribution: Bear-Flag Setup Targets a Fresh Sweep Below 0.107

Multi-timeframe read (Daily + 1H)

1) Market structure & trend

Daily (since Oct 2025):

• EOS has been in a persistent downtrend: ~0.29 (late Oct) → ~0.18 (early Jan) → 0.108 now.
• A major impulse breakdown occurred on 2026-01-16 (close ~0.139 from ~0.172 prior day) with very large volume (capitulation-like). Follow-through selling continued to ~0.121 (01-18) and ~0.114 (01-19).
• This is classic lower highs + lower lows. Any bounce so far has been corrective.

1H (last ~24h):

• The sequence is also bearish: 0.1144 area early hours → gradual grind down → new intraday low ~0.10712 (18:00 candle low).
• After tagging ~0.1071, price bounced modestly to ~0.1088, but could not reclaim prior breakdown levels (0.1095–0.1106).
• Net: weak rebound inside a larger downtrend (a “dead-cat bounce” profile).

2) Support / Resistance mapping (price-action levels)

Immediate supports:

• 0.1071–0.1073: today’s 1H swing low zone (first line of defense).
• 0.105–0.106 (psych + range extension): if 0.107 breaks, next likely liquidity pocket.
• 0.1125–0.1144 (overhead supply from today/01-19): now acts as resistance after the breakdown.

Key resistances:

• 0.1094–0.1106: multiple 1H pivots (14:00 high ~0.1106; 17:00 high ~0.1094). This is the most important near-term “rejection” zone.
• 0.1145–0.1150: prior distribution ceiling (several 1H highs and yesterday’s area).

3) Momentum (rate-of-change logic)

• The 1H session shows lower highs while pushing to fresh lows → bearish momentum dominates.
• The bounce from ~0.1071 to ~0.1088 is relatively small versus the drop from ~0.1144 → ~0.1071, indicating weak bullish response.

4) Volatility / range analysis

• Daily ranges expanded sharply around 01-16 to 01-20 (capitulation and aftershocks). This typically produces:
  1. sharp mean-reversion bounces, but
  2. continued choppy-to-down follow-through until a higher low / base forms.
• On 1H, recent candles show a tradable intraday range (~0.107–0.109). That favors fade-the-rallies approaches in a downtrend.

5) Volume / participation cues

• The major selloff days (01-16, 01-17) show very high volume, consistent with forced selling and trend acceleration.
• Today’s 1H volume spikes appear during down-move and late-session stabilization, but not enough to imply a clean reversal structure (no strong reclaim of key resistances).

6) Pattern read (practical)

• Bear flag / descending consolidation on the 1H: drift down from ~0.114 to ~0.107, then minor bounce that stalls under 0.109–0.110.
• Without a reclaim above ~0.1106 and especially ~0.1125, this looks more like continuation than reversal.

7) Next 24 hours (scenario-based forecast)

Base case (higher probability):

• Price attempts to bounce/mean-revert into 0.1094–0.1106, meets supply, then rolls over.
• Likely revisit 0.107; if broken, extension toward 0.105–0.106.

Alternative (lower probability):

• A squeeze reclaiming 0.1106, then push into 0.1125–0.1140. Given the larger trend, that would still be corrective unless it holds above 0.114+.

Net bias: bearish over next 24h; best edge is selling into resistance rather than buying at current mid-range.

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Trade Plan (24h tactical)

Direction: Prefer Sell (short) because:

• Dominant daily downtrend intact.
• 1H structure: weak bounce, failure to reclaim broken levels.
• Clear nearby resistance zone to define risk.

Optimal open (entry) price:

• 0.1099 (inside the 0.1094–0.1106 resistance band; improves R:R vs shorting at 0.1083 mid-range).

Take-profit (close) price:

• 0.1060 (above the deeper extension zone but below 0.107 support—captures a continuation move without demanding a full breakdown to extremes).

(If price never retraces to ~0.1099, the short is less attractive from a risk/reward standpoint; chasing at 0.1083 increases the chance of getting whipped by a mean reversion bounce.)

Note: This is technical-only and assumes sufficient liquidity/borrow availability if shorting spot via derivatives.