EOS Eyes Recovery as Bullish Signals Emerge

Key Takeaways
On April 12, EOS experienced a significant price jump of 13.68%, reaching a high of USD 0.704. Technical analysis indicates a bullish market structure on both the daily and 4-hour charts. Currently, buyers are successfully defending the support zone around USD 0.64. A further increase up to USD 0.72 seems possible in the short term—provided Bitcoin remains stable.
EOS Breaks Bearish Structure – Is a Trend Reversal in Sight?
Towards the end of March, EOS broke out of a prolonged downtrend. The key resistance level at USD 0.641 was surpassed. Since then, a higher high at USD 0.884 and a higher low at USD 0.588 have formed. This structure suggests a potential trend reversal.
Technical indicators such as On-Balance Volume (OBV) and the Relative Strength Index (RSI) confirm the upward trend. The OBV shows increasing volume during upward moves, while the RSI is above the neutral level of 50—a sign of bullish momentum.
Support at USD 0.64 Holds – Short-Term Targets in Sight
The 4-hour chart also displays a bullish structure. Over the weekend, the price broke through the previous interim high at USD 0.6645. Fibonacci retracement analysis shows that the 78.6% level at USD 0.614 was successfully tested. This indicates short-term stabilization and a possible continuation of the upward trend.
The area around USD 0.71 currently acts as a resistance level. If EOS can break through this zone, the next target lies at USD 0.72. Beyond that, a further rise to USD 0.80 could follow—especially if Bitcoin maintains its positive momentum.
Liquidity Data Suggest Further Upside Potential
The Liquidation Heatmap, a tool for analyzing trading liquidity, shows elevated liquidity zones at USD 0.72 and USD 0.80. These price levels often attract the price like a magnet, as many stop-loss and take-profit orders are located there. At the same time, there is a certain downside risk in the USD 0.63–0.64 range if the market weakens in the short term.
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Macroeconomic Factors Remain a Risk
Although EOS currently shows a strong technical foundation, the overall market environment remains uncertain. The recently announced 90-day tariff pause by the U.S. government has not fully stabilized market sentiment. Investors should therefore remain cautious despite positive signals and keep an eye on external factors such as Bitcoin’s performance.
Our Assessment
EOS shows clear signs of a short-term recovery. Technical analysis supports a realistic price target of USD 0.72. A rise to USD 0.80 is also conceivable, provided market conditions remain stable. However, you should not ignore the broader market situation. Anyone investing in EOS should expect short-term volatility and exercise proper risk management.