📊 $EIGEN /USDT Technical Outlook
Current price is $1.563 with bullish momentum and a strong breakout from recent consolidation as price reclaims the $1.50 psychological level showing strong buying pressure
🎯 Targets
1️⃣ First target is $1.65 testing recent local highs
2️⃣ Second target is $1.78 which is the major resistance from the late July peak
3️⃣ Third target is $2.05 which is the key breakout zone if bullish volume sustains
🛡 Support Zone
Primary support is $1.50 which was former resistance now acting as immediate support
Secondary support is $1.43 which aligns with the 25 MA and the recent accumulation area
💡 Summary
EIGEN is moving higher on strong volume indicating renewed buyer interest and holding above $1.50 is crucial for momentum continuation while a break above $1.65 could accelerate the rally toward the $1.78 to $2.05 zone 🚀#Write2Earn