🔥 EIGEN is Heating Up – Next Big Play Loading? 🔥
$EIGEN is holding around $1.82, and traders are eyeing some crucial levels right now.
Liquidity is strong with $109M open interest, showing whales are active.
📈 Bullish setup:
Above $1.70–1.85, momentum could push price toward $1.9+.
A breakout with volume may flip structure bullish and set the stage for $2+ targets. 🚀
📉 Bearish risk:
If EIGEN slips under $1.46, supports sit at $1.43 → $1.38.
Daily moving averages still lean bearish, so risk management is key.
🔑 Trade Plan:
Long bias: Only above $1.80, with stops under $1.76.
Sideways range likely between $1.46 – $1.59 until a breakout confirms direction.
⚡️With rank climbing & strong OI, EIGEN is coiling for its next move.
Do you think we see $2 breakout next, or another dip before liftoff?