📈 $EIGEN /USDT Technical Analysis
Current Price: $1.191 (+10.89%)
Timeframe: 1H
🚀 Breakout Alert!
EIGEN has broken out above the upper Bollinger Band with massive volume, pushing to a high of $1.204 — indicating strong bullish momentum.
🔹 Entry Point: Around $1.10–$1.14 (breakout zone)
🔹 Current RSI: 91+ (Overbought – caution for new entries)
🔹 Immediate Resistance: $1.21
🔹 Potential Take-Profit Targets:
• TP1: $1.25
• TP2: $1.34
• TP3: $1.42 (if momentum continues)
🔻 Risk Note:
RSI is in the overbought zone, so short-term pullback is possible. Ideal for trailing SL or partial profit booking.
📊 Volume spike + strong candle = bulls in control!
💡 Strategy:
Already in the trade? Trail your stop-loss and book partial profits.
Missed the entry? Wait for a retest near $1.15 or confirmation on higher timeframe.
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