# **$EIGEN/USDT – Post-Pump Profit Taking? 📉**
**Current Price:** $1.664 **(+11.01%)**
**24H High:** $1.802 → **-7.6% pullback**
🔥 **Critical Developments:**
- **Lower highs forming** after parabolic rally (classic exhaustion pattern).
- **Volume divergence:** Pumps on decreasing volume → weak hands exiting.
- Key support breaks could accelerate selling.
#### **🎯 Short Trade Setup:**
- **Optimal Entry:** $1.68–$1.72 *(Relief bounce zone)*
- **Take Profit Ladder:**
- TP1: $1.59 *(Recent swing low)*
- TP2: $1.52 *(Liquidity pool)*
- TP3: $1.45 *(Major support)*
- **Stop Loss:** $1.79 *(Above last lower high)*
#### **Battle Lines:**
- **Resistance:** $1.80 (must break for bullish revival)
- **Support:** $1.59 → $1.45 (break = trend shift)
💡 **Pro Trader Move:**
- Use **5M/15M charts** to spot rejection wicks at $1.70–$1.72 for precision entries.
- If BTC turns bearish, $EIGEN could **outpace downside** (high-beta altcoin).
⚠️ **Warning:** This is a **counter-trend play** – smaller size, tighter stops!
**👇 Riding the dip or waiting for reversal? Sound off!**
$EIGEN #MeanReversion #AltcoinTrading #RiskManagementMastery