$EIGEN USDT SHOWS BULLISH MOMENTUM AS PRICE HOLDS ABOVE $1.07 SUPPORT ZONE

$EIGEN continues to show steady bullish momentum after bouncing from the $1.038 support level. The token is currently trading near $1.076 (+2.67%), maintaining higher lows on the short-term chart — a sign of accumulation and growing buyer strength.

On the 4H timeframe, EIGEN is forming a minor ascending channel, indicating controlled upward movement. The next key resistance lies at $1.10–$1.12, followed by a potential breakout target around $1.18, which aligns with the recent 24h high. A strong close above $1.10 could trigger a bullish continuation toward these levels.

Meanwhile, support remains at $1.05 and $1.03. As long as price stays above these zones, the short-term outlook remains positive. RSI trends near mid-levels, suggesting room for further upside before overbought conditions.

📊 Summary:

Trend: Bullish bias (short-term)

Resistance: $1.10 → $1.12 → $1.18

Support: $1.05 → $1.03

Outlook: Bullish above $1.05, potential breakout if volume increases

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