📉 $EIGEN /USDT Short Setup Activating After Price Spike 🚨

$EIGEN surged from $1.25 to $1.45, but momentum is fading fast. Current price: $1.416. Lower timeframes are printing back-to-back red candles, showing early signs of a pullback as buyers lose steam.

🔻 Short Trade Setup:

• Entry Zone: $1.415 – $1.445

• 🎯 TP1: $1.360

• 🎯 TP2: $1.320

• 🎯 TP3: $1.275

• 🛑 Stop Loss: $1.460

📊 Market Insight:

After a vertical move, EIGEN is showing exhaustion signals long wicks, slowing volume, and weak candle closes. If the price fails to reclaim the $1.44+ level soon, a clean retracement is on the table.

💡 Quick Tip: Watch closely for a weak bounce into the entry zone. Short entries near the top of a fading spike offer prime risk-to-reward.