Eigenlayer (EIGEN/USDT) Poised for a Potential Breakout

The general market sentiment for Eigenlayer against the Tether appears to be bullish after recovering from a recent dip. However, recent setup shows that the pair is poised for a potential breakout in the near term as the price settles above the mid-Bollinger band at $3.846.

Recently, EIGEN/USDT has been trending to the North after hitting the $3.094 support level, breaking the $3.846. However, the positioning of the Bollinger bands and the oscillator beneath the chart signals the pair is at a critical juncture, with a marginal gain of 0.27%.#EİGEN #CryptoMarketDip #Write2Earn #ShareYourTrade #BullCyclePrediction $EIGEN