$EIGEN /USDT BEARISH SETUP ACTIVE – WATCH FOR POTENTIAL LOWER HIGH DROP!
EIGEN pumped to the $1.50 zone but failed to sustain, showing a strong rejection wick near previous resistance. The price is forming a potential lower high on the 4H chart, suggesting bearish pressure is resurfacing.
Trade Setup (Short):
Entry: 1.400 – 1.430
Take Profit (TP): 1.280
Stop Loss (SL): 1.515
Market Outlook:
The bearish structure remains intact unless price breaks and closes above $1.515. Until then, rallies are likely to face selling pressure with downside retests expected.
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Ride the momentum before it fades — profits favor the fearless!
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