📈 $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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