EigenLayer (EIGEN) Trend Watch
$EIGEN is trying to build momentum again after a brutal downtrend. Current price $1.54 looks like an early breakout attempt! 📈
Key Moving Averages:
MA20: $1.51 ✅
MA50: $1.41 ✅
MA200: $1.20 🔥 Long-term shift signal
Targets:
🥇 Target 1: $1.85 – Previous local highs
🥈 Target 2: $2.20 – Major resistance zone
🥉 Target 3: $3.00 – Psychological & structural barrier 🚀
Stop Loss:
Set below $1.35 to control risk ⚠️
Why Watch EIGEN?
Layer-2 narrative is hot 🔥
MA reclaim = trend reversal signal
Low float = potential for sharp moves 🚀
⚠️ This is a momentum setup. Not financial advice. DYOR!
