$EIGEN/USDT – Recovery Bounce in Play

Current Price: $1.530 (+13.33%)

After a healthy pullback from the $1.631 high, $EIGEN is showing early signs of strength. Buyers are stepping in around $1.48, hinting at a potential higher low and renewed bullish momentum.

Trade Setup

Entry Zone: $1.510 – $1.540

Targets:

• TP1: $1.590

• TP2: $1.630 (24H High)

• TP3: $1.700

Stop Loss: $1.470

Key Levels

Support: $1.480

Resistance: $1.631

Market Insight:

Earlier momentum placed EIGEN on traders’ watchlists. The current pullback appears constructive, with price attempting a mid-range bounce.

Pro Tip:

Monitor the 1H candle close above $1.540 with a volume uptick—it could signal confirmation of a fresh upward move.

EIGEN may be gearing up for another leg—don’t overlook this bounce.

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