Have you guys been watching $EIGEN lately? Honestly, it’s been a wild ride. Looking at the charts right now, we just hit a local high around $0.429 and things are starting to look interesting again. After that recent dip to the $0.34 level just a few days ago, seeing this green momentum feels like a breath of fresh air for anyone who’s been holding through the noise.
The thing is, EigenLayer isn't just some random meme coin; it’s literally the backbone of the restaking narrative. But let’s be real, the market has been tough on it. Even though we’re way off that $5.65 All-Time High, the current volume is sitting at over $51M, which tells me people are definitely still trading this thing and watching for a reversal.
Basically, we’re seeing a bit of a recovery play here. The StochRSI is looking pretty heated on the 4h chart, so I wouldn’t be surprised if we see a tiny pullback or some consolidation before the next big move. I’m personally keeping an eye on whether we can flip this $0.43 resistance into support. If we clear that, we might actually have some room to run.
What’s your game plan? Are you guys scooping up these levels or waiting for more confirmation? To me, it feels like a "patience" game right now, but the tech behind it makes it hard to ignore at these prices.
#MarketRebound #eigen