Technical analysis by Wavetrendtrading about Symbol EOS: Sell recommendation (4/11/2025)

EOS/USD Bearish Continuation Setup – 800 EMA Rejection with Structural Confluence 📍 Entry Type: Swing Trade (H4 Chart) 🔻 Position: Short 🛑 Stop Loss: 0.7280 (Above 800 EMA & last impulse high) 🎯 Take Profit: 0.4250 (Prior SAR zone + structure intersection) ⚖️ R:R Ratio: ~3.5:1 📉 Technical Breakdown: Price has cleanly rejected the 800 EMA (black) and is now below both the 55 SMA (red) and 200 EMA (green). The 55 SMA slope has flipped downward — your system’s primary signal for trend confirmation. Bear Power (100) remains negative, reinforcing downside pressure and momentum. Williams %R (50 & 100) just broke below the -80 line again, signaling renewed bearish intent after a brief overbought condition. Parabolic SAR remains firmly above the price, tracking the downtrend. The price is also hovering under a key horizontal resistance level (previous support flip), adding structure-based confluence. ⚠️ Risk Management: Stop is set just above the 800 EMA to account for institutional stop runs or spike traps. TP is aligned with historical structure, a former SAR shift, and psychological round-number support near 0.4250.