๐จ $EIGEN /USDT โ Bulls Got Trapped! โ ๏ธ
๐ฅ Long Position Shakeout: $6,012.1 at $0.82242
๐ฐ Current Price: $0.818
๐ 24H Low: $0.805
๐ 24H High: $0.834
๐ Market Structure:
$EIGEN just faced a major shakeout at $0.82242, with over $6K in long positions forced out.
The price is now under pressure and testing lower support levels, showing signs of potential further downside.
๐ Trade Setup (Short Play):
โข Entry Zone: $0.818 โ $0.825
โข TP1: $0.800
โข TP2: $0.780
โข TP3: $0.755
โข Stop Loss: $0.835
๐ฅ Why This Trade Matters:
That shakeout shows bulls are struggling.
$EIGEN has lost some of its upward momentum, and a deeper correction could be in play if it can't hold below $0.825.
๐ก Pro Tip: Look for rejection candles or a failed bounce around $0.825 to confirm the short.