# Eigen (EIGEN) Bullish Momentum Alert – Riding the Wave Today!
🚀 EIGEN is gaining traction:
Recent data show the token trading at approximately $1.53, marking a modest intraday uptick from the previous close, with a high of $1.56 and a low near $1.36 .
** Why the buzz? Multiple signs point to fresh buying interest:**
Technical rebound seen: On the 15‑minute chart, EIGEN surged from ~$3.10 to ~$3.42, showing strong immediate buying pressure and a breakout above key short-term moving averages. MACD has turned bullish—if momentum holds, look for a move toward the $3.50–$3.55 region .
Momentum building toward new highs: In recent trading, EIGEN broke through resistances around $5.14 and $5.30 to hit an all-time high near $5.65, driven by an 84%+ spike in daily trading volume. The weekly gain stands around 117%, suggesting strong structural bullish strength .
Whale accumulation and bullish chart structure: A notable accumulation of 1.63 million EIGEN tokens by likely poker–hand–linked wallets pushed price from ~$3.05 to ~$4—up roughly 32%. A bullish inverted head-and-shoulders and a morning star pattern further add to the upside thesis, targeting potential resistance at $4.26 and beyond toward $5 .