EOS Technical Analysis: EOS/USD has dropped 9% and current range block points to a catastrophe

• EOS nursing whopping losses of over 9% in the session, subject to further downside.  
• Following the drop earlier in the session, EOS/USD is moving within a range-block, which could indicate another drop to come.  

EOS/USD 30-minute chart  

Spot rate:                   2.9600

Relative change:       -9.07%

High:                          3.2534

Low:                           2.8672

Trend:                         Bearish

Support 1:                   2.9360, 30-minute chart.

Support 2:                   2.9200, lower part of range block.

Support 3:                   2.8684, session low.

Resistance 1:              3.0258, upper part of range block.

Resistance  2:              3.2387, 30-minute resistance.

Resistance  3:              3.4500, supply area.