$EIGEN /USDT – SHORT SETUP NEAR RESISTANCE ZONE ⚠️
EIGEN is trading at 1.206, just below the 1.238 resistance, after a strong bounce from 1.131. However, the upside is showing signs of exhaustion with high wicks and slowing momentum.
Setup Type: SHORT
Entry Zone: 1.210 – 1.238
Stop Loss: 1.250
Target Levels:
• TP1: 1.174
• TP2: 1.131
Strategy:
EIGEN is struggling to break above the resistance zone with increasing selling pressure at higher levels. If price gets rejected near 1.238 again, it could trigger a pullback. Look for bearish candles or volume fade before entering short. Use tight SL for risk control.