$EIGEN /USDT Bullish Breakout Confirmed – Long Signal with Targets & Key Levels

The $EIGEN/USDT pair has officially confirmed a bullish breakout after surpassing the critical $5.00 resistance level with strong momentum. This move suggests further upside potential in the short term.

Trading Signal

Entry Zone: $5.00 - $5.05

Targets:

Target 1: $5.20

Target 2: $5.40

Target 3: $5.65

Stop Loss: Below $4.85

Market Insights

$EIGEN/USDT broke the recent resistance at $4.90 on the back of significant bullish volume.

Sustained price action above $5.00 confirms a breakout and suggests momentum may carry it toward the stated targets.

Traders are advised to monitor RSI and other momentum indicators for signs of overbought conditions.

Risk Management

Always use a stop loss to protect capital in case of unexpected reversals.

Consider taking partial profits at each target to mitigate risks from market volatility.

Stay alert for any changes in momentum or volume dynamics, as they could signal shifts in the breakout strength.

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