$EIGEN/USDT – Infrastructure Gem at a Technical Crossroads
$EIGEN is currently trading at $1.599 (+4.78%), holding just beneath short-term resistance after a sharp intraday rebound. The 24-hour trading range remains tight — from a low of $1.517 to a high of $1.710 — backed by strong volume at $28.82M, which adds weight to the recent move.
That said, early signs of buyer fatigue are appearing. Without a clear breakout and sustained close above the $1.620–$1.650 range, this bounce could fade fast.
📍 Entry Zone: Confirm breakout above $1.630
🎯 Target 1: $1.710
🎯 Target 2: $1.770
🛑 Stop-loss: $1.545
🔍 Pro Tip:
Monitor how price behaves around the $1.60–$1.65 band. If volume weakens or price candles stall in this zone, be cautious — it could signal a false breakout. Look for strong momentum and volume confirmation before entering.
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