$EIGEN Brutal Correction – Downside Momentum Building?

$EIGEN is down sharply at -9.45%, crashing from $1.673 to $1.368 before edging to $1.427. The 1H chart depicts a severe red candle drop with weak rebound, signaling continued vulnerability.

Trade Setup – Short Opportunity

• Entry Zone: $1.42 – $1.44

• Stop Loss: Above $1.48

• TP1: $1.38

• TP2: $1.35

• TP3: $1.30 (extended target)

Market Insight:

Volume of 22.56M EIGEN highlights the sell-off intensity, and the chart's inability to reclaim $1.50 suggests more declines. MA5 at 490.502.05 reinforces overhead pressure short bias strong unless a decisive break above $1.45

#EİGEN #EigenLayer. #InsightBulletin #TradeSignal

Trade here 👇🏻$EIGEN to get more reward 💲