$EIGEN /USDT BEARISH STRUCTURE CONFIRMED – SHORT OPPORTUNITY AHEAD
$EIGEN /USDT has broken below key short-term support with price now trading under EMA(7), EMA(25), and EMA(99). The lower high formation and consistent rejection from the 1.185 resistance reflect a bearish trend continuation. Weak volume and negative momentum further support the downside bias.
SHORT ENTRY: Below 1.120
TARGETS (TP):
→ TP1: 1.08
→ TP2: 1.05
→ TP3: 1.00
STOP LOSS (SL): 1.155
RISK MANAGEMENT: Limit exposure by risking only 1-2% of total capital. Always use stop loss to protect against volatility. Wait for clear confirmation before entering the trade.
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