📊 $EIGEN /USDT Technical Outlook
Current Price: $1.563
Trend: Bullish momentum with a strong breakout from recent consolidation. Price has reclaimed the $1.50 psychological level, showing buying pressure.
🎯 Targets
1️⃣ Target 1: $1.65 — Testing recent local highs.
2️⃣ Target 2: $1.78 — Major resistance from late July peak.
3️⃣ Target 3: $2.05 — Key breakout zone if bullish volume sustains.
🛡 Support Zone
Primary Support: $1.50 — Former resistance turned immediate support.
Secondary Support: $1.43 — 25 MA confluence and recent accumulation area.
💡 Summary:
EIGEN is pushing higher on strong volume 📈, signaling renewed buyer interest. Holding above $1.50 is crucial for momentum continuation. A break above $1.65 could accelerate the rally toward the $1.78–$2.05 zone 🚀.
