Hey! Here's a quick breakdown of that $EIGEN trade setup. 🚀
The price has seen a nice bump, and this long trade is a bet on that momentum continuing. The key is whether the bulls can hold the $1.70 support level. If they do, the next price targets are in sight.
📈 Trade Strategy
* Entry Zone: $1.70 – $1.71
* Targets: $1.78 and then potentially $1.83
* Stop Loss: $1.65
As always, with any trade, risk management is everything. The setup is a go as long as the price stays strong above $1.70. But if it dips below that, you might see a deeper correction, so that stop loss is crucial. Happy trading! 💰
