4-hour timeframe

🔍 EIGEN/USD 4H Analysis: Bullish Potential? 🚀

EIGEN at ~$1.18 (+3.35% in 24h) is forming an ascending triangle. RSI (~50) is neutral, Bollinger Bands are narrowing, hinting at a breakout. Trading volume: ~$109.13M (+4.8%, CoinGecko).

🔑 Key Levels:

Resistance: $1.20 (upper boundary).

Support: $1.15 (lower boundary).

📈 Forecast: A breakout above $1.20 could lead to a rise to $1.30 (+10%). A drop below $1.15 will test $1.10. EigenCloud and AVS integrations are bullish drivers! 🌐

#EigenLayer #EIGEN $EIGEN

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