EOS/USDT – Double Bottom Formation Signals Potential 200% Upside

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EOS/USDT – Double Bottom Formation Signals Potential 200% UpsideEOS / Tether USDKRAKEN:EOSUSDTvf_investmenthi Traders The EOS/USDT chart is currently showing a classic double bottom pattern, a strong bullish reversal signal typically seen after prolonged downtrends. This formation is evident with two distinct troughs forming near the $0.50–$0.55 range, followed by a recent price uptick indicating the start of a potential breakout. The projected target for this breakout is around $1.72, which represents a 200% increase from the current level of approximately $0.57. This target aligns with a key horizontal resistance level from previous market structure. If bullish momentum continues and volume supports the move, EOS could revisit this critical resistance zone in the coming weeks, making this a potential high-reward setup for traders eyeing a medium-term opportunity. It may take some time but the patience will be rewarded!