$EIGEN /USDT BULLISH BREAKOUT IN PLAY | STRONG MOMENTUM BUILDING!
Current Price: $1.462 (+12.03%)
Market Outlook: Bullish
Key Levels:
Support: $1.40
Resistance 1: $1.48
Resistance 2: $1.60
24h High/Low: $1.475 / $1.269
Trade Setup (LONG):
Entry: $1.45ā$1.47 (on retest or breakout confirmation)
Take Profits:
TP1: $1.52
TP2: $1.60
TP3: $1.68
Stop Loss: $1.39 (below key support)
Chart Insights:
EIGEN is showing strong upside momentum with a solid +12% move. The price is nearing the resistance zone at $1.48, and a breakout above could trigger the next leg up. Volume is healthy, confirming the bullish strength. A clean retest of $1.45 could offer an ideal long entry.
Risk Management:
Risk only 1-2% of your capital per trade. Use stop loss strictly to avoid drawdowns. Adjust position size based on volatility.
Stay disciplined & trade with a plan!
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