EigenLayer (EIGEN/USD) Shows Signs of a Bullish Reversal
The EigenLayer (EIGEN/USD) market is beginning to display signs of a bullish reversal, following a prolonged period of bearish activity. This shift appears to have been triggered by a bottoming out near the $0.69 support level, where buyer interest began to re-emerge. The $0.69 price point has since served as a key pivot, fueling a gradual upward recovery.
Although the initial rebound was modest and marked by mixed sentiment, bullish momentum has started to outweigh bearish pressure, resulting in a subtle but consistent upward movement. Notably, the formation of a higher low around the $0.77 level further supports the case for a strengthening bullish trend. ...