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$EIGEN /USDT - Perfect bounce from the buying zone
The EIGEN stock has performed perfectly as expected. The price strongly rebounded after dropping near the $1.00 area, and has now reached $1.225, showing strong momentum with complete control from buyers.
This type of setup emphasizes the importance of waiting for perfect entry points and having confidence in the direction.
Current situation:
Strong bullish breakout
Support with high trading volume
No signs of weakness so far
Next key levels to watch:
Short-term target: $1.28
Main resistance area: $1.35 - $1.40
Risk management tips:
If you are already a trader, consider taking partial profit near $1.28
Move the stop loss to breakeven to protect gains
To enter new trades, wait for a pullback towards the $1.18 - $1.20 area with a tight stop loss below $1.15
Momentum is back, and the bulls have not slowed down. Stay alert and stick to your plan.
