$EIGEN /USDC – BEARISH PRESSURE HOLDS BELOW $1.08
SHARP DROP FROM $1.18
FAILED BOUNCE NEAR $1.10
LOWER HIGH STRUCTURE MAINTAINED
$EIGEN has failed to reclaim the $1.10 level after a deep rejection from $1.183. The current price action is consolidating with weak bullish volume, hinting at continuation of the bearish trend.
🔴 SHORT TRADE SETUP
Entry: $1.075
Target: $1.055
Stop Loss: $1.095
A breakdown below $1.07 may trigger renewed selling and test the recent low of $1.054.
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