$EIGEN Strong Bullish Momentum Testing $1.583 Resistance.....
$EIGEN is trading at $1.556, up +12.59% in the last 24 hours, after a sustained rally from the $1.362 low. The price is moving in a strong upward channel, backed by 51.98% buy-side order flow, and has recently tested the $1.583 daily high. If the momentum continues, EIGEN could extend its bullish leg before a possible pullback.
Long Entry Zone: $1.550 – $1.558
Stop Loss: Below $1.530
Targets:
TP1: $1.583 (24h high)
TP2: $1.600 psychological level
TP3: $1.628 if breakout holds
Trade Outlook:
With strong buying pressure and a clean uptrend structure, EIGEN appears ready to challenge higher resistance zones. However, traders should watch for short-term profit-taking near the $1.580–$1.600 zone before the next rally attempt.