$EIGEN Got Rattled – Bulls Just Took a Nasty Spill!
Flashpoint: $3.52K in long-side destruction at $0.79473
Current Price: $0.7991
24H High: $0.8217 | 24H Low: $0.763
The Setup:
$EIGEN bulls got caught slippin’—a heavy sell push dragged the price down, wiping out over $3.5K in leveraged long positions.
But here’s the kicker: price is already crawling back. Is this the fakeout before the moonshot?
Recoil Range:
• Re-Entry Zone: $0.793 – $0.802
• TP1: $0.817
• TP2: $0.838
• TP3: $0.865
• SL: $0.774
Why This Hits Hard:
EIGEN’s volatility is raw—and after a flush like this, it’s prime for a fast reversal.
The shakeout may have cleared the noise for smart money to step in.
Chart Check Tip:
Wait for a strong engulfing candle on the 30M—volume is your greenlight.
Break above $0.805 and the bulls are back in the driver’s seat.
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