$EIGEN /USDT TECHNICAL ANALYSIS: BEARISH CONTINUATION IN PLAY 📉

Current Price: $1.381

📌 Key Levels:

Resistance: $1.505 (24h High) — Strong selling pressure near this zone

Support: $1.287 (24h Low) — Critical support; a break below may trigger further decline

⚠️ Trade Setup:

Entry: Short below $1.350, confirming bearish momentum

Target 1 (TP1): $1.300

Target 2 (TP2): $1.270 (below 24h low for extended move)

Stop Loss (SL): $1.390 (above recent resistance zone)

📊 Risk Management:

Keep risk at 1-2% of capital per trade. Use SL strictly to protect from sudden reversals. Avoid overleveraging in volatile conditions.

Stay smart, trade safe! 🚀💼

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