š $EIGEN /USDT Short Setup ā Potential Pullback Ahead
EIGEN is trading at $1.597 after a strong rally, but momentum shows signs of slowing near the $1.62ā$1.67 resistance area. Failure to hold above $1.60 could trigger a retracement.
Trade Idea (Short Setup)
Entry Zone: $1.60 ā $1.62
Target 1: $1.55
Target 2: $1.48
Stop Loss: $1.64
Market Insight:
The price has repeatedly tested the upper range without breaking out convincingly. Increasing selling pressure near $1.62 suggests a possible move back toward support levels if volume drops.
