$EIGEN
EIGEN
1.223
+10.87%
USDT bullish – the price is launching strongly 🚀
$EIGENUSDT has just broken out with an explosive bullish candle, indicating strong buying pressure and the possibility of continuing the upward trend.
🔑 Key Levels:
Resistance: $1.212 (current 24-hour high)
Support: $1.150 (previous breakout level)
Current Price: $1.204
📊 Trade Setup (Long):
Entry: $1.195 – $1.205 (on a slight retracement)
Take Profit (TP):
TP1: $1.220
TP2: $1.250
Stop Loss (SL): $1.170
📈 Market Outlook:
Momentum is aggressively strong after sustained accumulation and a breakout above $1.150. If the price holds above the breakout area, we may see a swift push to re-test higher resistance levels in the daily or short-term trend.
⚠️ Risk Management:
Don’t risk more than 1-2% per trade. Set your stop loss strictly below the breakout area to protect capital against volatility and avoid emotional trading decisions.
💡 Do you see $EIGEN flying towards $1.25 soon? Leave your thoughts below! 🔥
