$EIGEN /USDT SHOWING SIGNS OF RECOVERY — BULLISH REVERSAL MAY BE FORMING!
$EIGEN is currently trading at $1.651, up +8.48% for the day. After a sharp drop from the $1.80 zone, the price has found short-term support around $1.62, forming a potential double-bottom structure. Bulls are attempting to regain control as volume returns on green candles.
Trade Setup:
Entry Price: $1.64 – $1.66
Targets: $1.71 / $1.77 / $1.83
Stop Loss: $1.61
Why Long?
Multiple wicks rejecting lower prices and support near $1.62 indicate demand is stepping back in. If price can break and hold above $1.68, a trend reversal could accelerate toward recent highs.
Risk Management Tip:
Keep tight SLs during reversals — this could either confirm a bottom or remain range-bound. Watch the $1.68–$1.70 zone closely.
Follow community
Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!
Set your alert — reversal moves begin with quiet retests!
#EIGENUSDT #ReversalSetup #CryptoSignal #BinanceAnalysis #AltcoinAlert