$EIGEN /USDT – Short Setup After Pump! 🔻
Short Trade Setup:
Entry Zone: $1.475 – $1.495
TP1: $1.420
TP2: $1.370
TP3: $1.305
Stop Loss: $1.530
Current Price: $1.469 (+10.29%)
After spiking from $1.302 to $1.529, $EIGEN is showing early signs of weakness with multiple lower highs and red candles on the 30-minute chart.
Key Resistance:
$1.529 (strong rejection from this level)
Support Zones:
$1.420 (minor support from previous consolidation)
$1.305 (24H low – major liquidity pocket)
Market Insight:
Momentum has shifted to the downside post parabolic move. Profit-taking and fading interest may drag price lower into demand zones.
Pro Tip:
Watch for weak retests near $1.49 with declining volume – ideal for confirmation of short entry!
#MarketRebound #SaylorBTCPurchase #ETHMarketWatch ⚙️ Risk: Use proper risk management — 3x–5x leverage recommended☀️