EOS Technical Analysis: EOS/USD tanks 7% in the latter stages of trading on Tuesday, key support being penetrated

• EOS comes under heavy selling pressure in late Tuesday trading, dropping some 7%.
• EOS/USD testing very clear near-term support, tracking from $6.66-6.52.

EOS/USD 60-minute chart

Spot rate:                                    6.6710

Relative change:               -5.50%

High:                                                   7.2343

Low:                                                      6.6400

Trend:                                                 Bearish

Support 1:                                  6.6600, demand zone.

Support 2:                                    6.5547, 12th July low.

Support 3:                                    6.5100, (support on 60-minute chart).

Resistance  1:                          6.8000, previous acting demand zone.

Resistance 2:                          7.1305, 50MA.

Resistance 3:                          7.4010, (resistance on 60-minute chart).