🔻 $EIGEN /USDT – Exhaustion Signs After Overextended Pump! 😮‍💨📉

After an aggressive move from $1.25 to $1.45, $EIGEN is flashing weakness with rejection wicks and declining momentum on the lower timeframes. The rally looks stretched, and a pullback seems likely from these levels. Current Price: $1.416

📉 Short Trade Setup:

• Entry Zone: $1.400 – $1.420

• Target 1 (TP1): $1.360

• Target 2 (TP2): $1.340

• Stop Loss (SL): $1.460

📊 Technical View:

Back-to-back red candles and weakening volume hint at buyer fatigue. Structure suggests a shift in momentum with lower highs starting to print.

🧠 Pro Tip:

Ideal short entries are near the $1.435–$1.440 zone if the price stalls there again. Look for confirmation like a bearish engulfing on the 15m before entering.

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