🔍 EIGEN Analysis – Resistance Test at $1.28 🔍
🧠 EigenLayer is testing resistance near $1.28, with traders watching for a breakout or rejection. Momentum is building, and structure favors continuation if confirmed.
📈 Technical Analysis
- Trend: Bullish with consolidation
- Support: $1.20 and $1.12
- Resistance: $1.34 and $1.42
- Pattern: Ascending triangle on 4H
- Volume: Increasing near resistance
- RSI: Near 65, bullish zone
- Outlook: Bullish if $1.34 breaks
📰 Market Data & News
- Price: $1.28
- 24h Change: +2.4%
🔄 Scenario Breakdown
- Bullish Case: Break above $1.34 targets $1.42; SL below $1.20
- Bearish Case: Rejection at $1.34 may drag price to $1.12; SL above $1.34
📊 Sentiment Meter
📈 Bullish Momentum – Strong setup, rising volume
⚠️ Risk Level
🟡 Medium – Resistance test, confirmation pending
💬 EIGEN is pressing against resistance—will it break through or fade?
📢 Reminder: This is educational content. No guarantees, no advice—just charts, data, and perspective.
EIGEN #BinanceSquare
