EOS has suddenly caught the attention of crypto traders with a surprise rally over the weekend. The token surged nearly 14%, moving from $0.619 to a high of $0.704 in just one day. This sharp upward move not only surprised investors but also shifted the market sentiment around EOS, which had been struggling to break past key resistance levels in recent weeks.

The most important moment came when EOS broke through the $0.641 resistance level. That price point had acted as a barrier for several weeks, limiting EOS’s ability to climb higher. By pushing past it, the token not only gained momentum but also changed its daily market structure from bearish to bullish. This kind of shift is often seen as a strong signal that an uptrend may be forming.

Currently, EOS is trading around the $0.65 mark. This area is now seen as a new support level, where buyers are stepping in to keep the price from falling back down. Whether EOS can hold this ground will be crucial in determining if it has enough strength to continue rising toward the next price target — $0.72.

Several technical indicators are now backing up the bullish outlook. The On-Balance Volume (OBV), which measures buying and selling pressure, has been trending upward, suggesting growing interest from buyers. Meanwhile, the Relative Strength Index (RSI) is above 50, indicating positive momentum but not yet in overbought territory. This leaves room for more growth before a potential pullback.

Looking at previous price movements, EOS has also formed a higher high at $0.884 and a higher low at $0.588 — classic signals of a developing uptrend. On the 4-hour chart, EOS has also broken above $0.6645, another key level, confirming short-term bullish strength. This reinforces the idea that the rally could continue, especially if current support holds.

Traders are also paying close attention to liquidity data, which shows where price movements are likely to be drawn. Recent heatmaps from trading platforms reveal significant liquidity around the $0.72 and $0.80 levels. These are zones where many trading orders are placed, meaning the price may be “pulled” in that direction. If momentum continues, EOS could hit these targets within days.

Of course, like most cryptocurrencies, EOS is closely tied to the performance of Bitcoin. If Bitcoin maintains its current upward trend, it could boost confidence across the entire altcoin market, including EOS. However, if Bitcoin sees a sudden drop, it could drag EOS down with it, even if its individual indicators remain positive.

In the wider picture, market sentiment is still cautious. Global factors like economic policy changes, regulation updates, and broader investor mood continue to play a role. That means even bullish setups, like the one EOS is showing now, should be approached with caution. Traders are advised to use risk management and stay updated with the latest news that could impact crypto prices.

In summary, EOS’s unexpected weekend rally has fueled a wave of optimism among traders. With clear technical signals pointing toward a continued uptrend and liquidity targets suggesting the next big move could reach $0.72 or higher, the stage may be set for another breakout. Whether this momentum continues will depend on holding current support levels — and, as always, keeping an eye on what Bitcoin does next.