Selling pressure

EOS has been in a range over the past week, with its price stopping below trend resistance in the $1.131 range. Yesterday, we saw a 6% drop in EOS following the selling pressure created in the market. Therefore, it is very likely that we will see a range trend for EOS this week. The first support is considered in the range of $1.033, but if the selling pressure increases, the price decline can continue to the range of $0.934 - $1.