$EIGEN /USDT Bull Run in Play – Breakout Strategy!
Entry Zone: $5.28 - $5.32
Targets: $5.50 / $5.70 / $5.85
Stop Loss: Below $5.15
Market Insights:
$EIGEN /USDT has successfully broken above the critical $5.20 resistance, signaling strong bullish momentum. A retest of the breakout zone indicates a solid base for further upside. Volume trends confirm increased buying interest, reinforcing the bullish sentiment. The price action remains favorable as long as it stays above $5.20.
Key Notes:
Bullish Confirmation: Clear breakout and retest above resistance.
Volume Analysis: Sustained buying volume aligns with upward momentum.
Risk Management: Maintain stop loss at $5.15 to protect against pullbacks.
Strategy Tip:
Monitor volume closely and trail stops as targets are approached to maximize gains and minimize risk.
Current Price: $5.563 (+13.87%)
