$EIGEN /USDT BEARISH SHORT SETUP
The $EIGEN /USDT chart indicates continued weakness after sharp rejection from higher resistance levels. Sellers are applying strong pressure, and failure to reclaim major resistance suggests the market is preparing for another leg down. Momentum favors the bears as long as resistance zones remain intact.
Trade Setup (Short):
Entry: 1.300 – 1.288
TP1: 1.250
TP2: 1.200
TP3: 1.150
SL: 1.388
Risk Management: Always respect your stop-loss, manage exposure by adjusting position size, and avoid chasing entries to minimize risks during volatile conditions.
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