🚨 EIGEN/USDT Alert – Potential Pullback Opportunity 🚨
📉 After hitting resistance at $1.250, $EIGEN has retraced and is now hovering near $1.195, just above the lower Bollinger Band.
🔍 The 1H chart shows a strong rejection at the top band with bearish candles forming — indicating a short-term pullback or potential trend reversal if support breaks.
🎯 Trade Setup: • Entry: $1.185 – $1.195 (pullback zone)
• TP1: $1.219 – Mid Bollinger Band
• TP2: $1.249 – Upper Band resistance
• TP3: $1.261 – Previous high breakout
• SL: $1.155 – Below key support
📊 Outlook: Watch price reaction near $1.19 support. A bounce may provide a short-term scalp, while further breakdown could test lower support.