$EIGEN
EIGEN/USDT Technical Analysis: Bullish Potential
$EIGEN/USDT is currently trading at $2.384, experiencing a 15.25% drop in the last 24 hours. Despite this, technical indicators suggest a possible bullish outlook.
Support & Resistance Levels:-
Support: Strong support at $2.369.- Resistance: Immediate resistance at $2.420.
Entry Strategy:
Consider entering a long position if the price consolidates above $2.420 with high trading volume.
Key Takeaways:-
Recent price decline presents a potential buying opportunity.- Maintaining the $2.369 support level is essential for a bullish continuation.- A break above $2.420 could lead to significant upward momentum.*Disclaimer: This is not financial advice. Please conduct your own research.