8/2/2025
**EIGEN/USDT Rating**
Current EIGEN price **1.695 USDT**, down **~2.7%**, reflecting short-term selling pressure. Technical indicators show:
- **EMA** (7/25/99) at **1.701–1.732**, downtrend but showing signs of convergence.
- **MACD** is negative but narrowing, **RSI(6)** ~37–43, approaching oversold territory, suggesting potential recovery.
- **Strong support** at **1.618–1.695** (24h low + short EMA), **resistance** at **1.909** (24h high).
**Investment strategy:**
- **Buy** around **1.618–1.695** with a stop-loss below **1.600**, expecting a bounce back to **1.800–1.909** if RSI recovers and MACD crosses up.
- **Take profit** at **1.909** or monitor breakout with increased volume.
- Be cautious if the price breaks support at **1.600**, it may drop further.
EIGEN is in an attractive price range for cautious buying, combined with tight risk management. Monitor confirmation signals from MACD and RSI to optimize profits!
