EOS likely to remain below the $0.64 level, here’s why

EOS has consistently failed to break the $0.64 level, with strong resistance noted between $0.66 and $0.69. The March market has seen increased selling pressure, indicating that traders should be wary of volatility.

Technical analysis suggests a bearish reversal is likely, with a potential price drop to $0.55 or $0.45. The long/short ratio indicates a dominance of long positions, which may result in further selling pressure in the near future.