Here's a concise trading analysis for $EIGEN
/USDT (Perpetual Futures)
๐ EIGEN/USDT Market Snapshot
Metric Value
๐ฐ Last Price $1.4300
๐ Mark Price $1.4309
๐ผ 24h High $1.4805
๐ฝ 24h Low $1.3445
๐ 24h Vol (EIGEN) 43.03M
๐ต 24h Vol (USDT) $60.41M
INR Equivalent โน405.09 (+5.04%)
---
๐ Key Price Zones
Zone Price Levels ($)
๐บ Resistance $1.4574 โ $1.4805 โ $1.4873
๐น Current $1.4300 (just below key resistance)
๐ป Support $1.3975 โ $1.3676 โ $1.3445 โ $1.3377
---
๐ Technical Indicators
Indicator Value Interpretation
๐ Volume 624.7K Moderate buying interest
๐ MA(5) 1.67M Strong short-term momentum
๐ MA(10) 1.56M Healthy upward trend forming
---
๐ง Trade Setup & Outlook
๐ข Bullish Scenario (Breakout Play)
๐ Entry Zone: $1.43โ$1.44
๐ฏ Target 1: $1.48
๐ฏ Target 2: $1.50+
๐ Stop Loss: $1.397
๐ Reason: Riding momentum from strong recovery off $1.34 support with good volume.
---
๐ด Bearish Scenario (Rejection & Drop)
๐ Entry: Below $1.397
๐ฏ Target: $1.367 โ $1.344
๐ Stop Loss: $1.442
๐ Reason: Rejection at resistance and weakening volume could lead to a pullback.
---
โฑ๏ธ Trend Summary
Timeframe Trend Momentum
15m ๐ผ Mild Bullish Climbing steadily
1h ๐ผ Bullish Holding higher lows
4h ๐ผ Bullish Near breakout zone
1D โ ๏ธ Cautious Bullish Needs confirmation at $1.48
---
โ Conclusion
EIGEN/USDT is trending upward and approaching key resistance at $1.48. A breakout may push it beyond $1.50+, but failure to break could trigger a pullback to $1.39โ$1.34.
Would you like a live chart, candlestick pattern insights, or alerts setup? ๐๐ฌ
#EฤฐGEN #BNBATH #ETHReclaims3800 #Write2Earn #TradingSignals