🧠 $EIGEN /USDT Technical Analysis (1D Chart)

💵 Current Price: $1.569 (–0.06%)
📊 Moving Averages:

MA(7): $1.443 ✅

MA(25): $1.445 ✅

MA(99): $1.137 ✅

EIGEN is comfortably holding above all major moving averages — bullish structure confirmed as long as $1.45 holds.

📈 Sideways Base or Hidden Spring?

Price has been coiling sideways in a tight range for 3+ weeks between $1.38–$1.78.

Each dip is being bought higher, while highs are being tested multiple times — forming a potential ascending triangle just below $1.60–$1.65 resistance.

🔥 Momentum & Price Action:

Consolidation above MAs = strength

If price breaks $1.63–$1.65, it could trigger a fast move toward $1.85–$2.00

Volume confirmation will be key (not shown but should be monitored)

🧱 Key Levels:

Support: $1.45 → $1.36 → $1.22

Resistance: $1.63 → $1.78 → $1.97

🎯 Strategy Setup:

Breakout Entry: Above $1.63 with volume

Target Zone: $1.85–$2.00

Stop Loss Ideas: Below $1.45 or below recent higher low at $1.38

⚠️ DYOR – Do Your Own Research.

This is not financial advice. Markets can be volatile — always trade responsibly!