$EIGEN **$EIGEN/USDT - BULLISH BREAKOUT CONFIRMATION!**
Price is showing strength at **$1.437 (+3.01%)**, testing the upper range of its 24-hour high ($1.439). The RSI(6) at **57.52** indicates growing momentum with room to run.
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**TRADE SETUP (LONG):**
šÆ **Optimal Entry:** $1.430-$1.438 (retest of breakout zone)
š **Targets:**
1. $1.475 (immediate resistance)
2. $1.550 (next psychological level)
ā **Stop Loss:** $1.395 (below recent consolidation)
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**KEY LEVELS TO WATCH:**
- **Support:** $1.400 (psychological) ā $1.302 (24H low)
- **Resistance:** $1.439 (24H high) ā $1.475 ā $1.550
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**WHY THIS WORKS?**
ā **Infrastructure sector momentum**
ā **RSI neutral-bullish (57.52)** - No overbought pressure yet
ā **Volume building** (166K vs 5D MA of 85M - accumulation signs)
ā **Tight consolidation** near highs suggests breakout potential
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**RISK MANAGEMENT:**
ā ļø Watch for:
- BTC dominance shifts
- Volume confirmation on breakout
- Failure to hold $1.430 would suggest false breakout
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#EIGEN #Infrastructure #Altcoin #Crypto #USDT #Breakout #Trading
*(DYOR - Not financial advice. Manage risk appropriately.)*
**Pro Tip:** A decisive 15-minute close above $1.439 with increasing volume could trigger algorithmic buy orders.