$EIGEN EIGEN Bear Flag Forming 📉🚩 | Possible Dump Ahead! 🔻🔥
🟥 EIGEN is showing concerning chart patterns as a clear bear flag is forming — often a signal of continuation to the downside 😨📊. After a sharp move down, price has been consolidating weakly in an upward-sloping channel, and momentum is fading. This setup warns that a dump could be next 🔻⚠️.
📉 Technical indicators support the bearish case. The RSI is struggling to recover and remains weak 📉💪, showing low buying strength. The MACD is hovering flat and may soon cross bearish again 🔄⚠️. Red candle volume is slowly increasing 🟥📊, signaling that sellers are still in control and waiting to strike 🔥📉.
🐋 On-chain data shows no sign of recovery yet. Whales are staying cautious, with little accumulation and some even moving EIGEN back to exchanges 🐳📤 — potentially prepping for exits or sell-offs 💼🔓.
📱 Community sentiment is turning skeptical 📣💬. Traders are watching this flag closely and preparing for potential downside, with some already shorting or de-risking their positions 🧯📉.
⚠️ This is not financial advice — always do your own research 🧠📚. But with a visible bear flag pattern, weakening momentum, and rising caution in the market, EIGEN could be preparing for another leg down. Watch this setup closely — bear flag warning is active 👀📉💥
📉📊🚩🟥💸⚠️🐳📤💼🔓📣💬🔥🔄📉➡️👀🧠📚