Hello, traders!
After the rapid upward movement, EOS went into correction and consolidated in the range of $4.42-4.94.
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Consequently, we can expect the continuation of growth after the exit of consolidation and see buying activity.
Entry into the position can be considered between the levels of $4.80-4.94
Stop Loss shall be placed at $4.50
By Fibonacci extension levels based on the trend, the targets would be:
- $5.32
- $5.89
- $6.46
- $7.02
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