📊 $EIGEN /USDT Market Analysis
⚡ Current Situation
Price: $1.390 (Rs394.28)
Change: +2.36% (Slightly Bullish)
24h High: $1.457
24h Low: $1.347
24h Volume (EIGEN): 9.41M
24h Volume (USDT): 13.22M
MA60: $1.392 → Current price is approximately at this level.
📈 Technical Indicators
Moving Averages:
MA5 = $1.401 → Slightly Up (Near Resistance)
MA10 = $1.398 → Close → Means the price is in a consolidation zone.
Volume: 39.5K → Trading activity is good.
MACD: In Neutral Zone → Next move will be determined by breakout.
RSI: Around 50–55 → Neutral, not overbought or oversold.
Bollinger Bands: Price near the middle line → Possibility of a breakout in either direction soon.
🎯 Possible Trade Plan
🔹 Long Entry (If breakout occurs): $1.400 – $1.410
Target 1: $1.435
Target 2: $1.460 – $1.480
Stop Loss: $1.370
🔹 Short Entry (If support breaks): $1.370 – $1.365
Target 1: $1.350
Target 2: $1.330
Stop Loss: $1.395
📌 Overall Opinion
EIGEN is currently in a consolidation zone.
A strong bullish run may start above $1.400.
A short-term bearish move is expected below $1.370.