EOS Descending ChannelEOS, which has been in the descending channel since August 2021, has proven to investors how strong it is with its re-entering the channel in August, although it entered dangerous positions when it broke down the channel in May 2022. If the channel breaks the upper resistance in a possible bullish scenario, the $1.90 and $3.20 levels are resistance. If the channel is rejected at the upper resistance, the $1 level will be supported.