I concur with the bullish scenario. It fits with the launch sequence, the bullish sentiment in the overall market, and new accumulation taking place. While I can't underestimate the shorts, I think there's enough FOMO in the market to support higher pricing and a breakout in keeping with the launch sequence.
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That would have been nice. Unfortunately, it took the bearish path. EOS has a bright future though. It needed this correction after such an amazing run.