$EIGEN

/USDT Short Trade Signal.!💯🚨

$EIGEN has surged strong but peaking near 1.60, but price is showing signs of rejection near that resistance level. The rally may be overextended, and a short-term correction is likely if buyers fail to reclaim 1.60 with volume.

Entry Zone

Short between 1.52 – 1.58

Ideal entry near 1.57 – 1.60 resistance with bearish confirmation (wick, engulfing, or volume drop).

Targets

1.44 (initial support and previous breakout zone)

1.38

1.32 (daily low area)

Stop Loss

1.615 (just above the current 24h high of 1.60–1.61)

Key Levels

Resistance: 1.57, 1.60

Support: 1.44, 1.38, 1.32

Pivot: 1.52

Pro Tip

Use the 15m or 30m chart to confirm bearish reversal signs. Volume fading near the top is a strong signal for a short. Trail stop once the first target hits due to potential whipsaws from volatility.

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