$EIGEN – Bearish Trend with Possible Reversal?
EIGEN is currently trading at $1.606 (-7.81%), with a 24h low of $1.510 and a 24h high of $1.753. The price has been in a downtrend, but there are signs of a potential short-term bounce after touching the recent low.
Bearish Play: If EIGEN struggles to break $1.633, it may continue its downtrend. A breakdown below $1.510 could open doors for lower levels.
Short entries: Look for rejection at $1.633-$1.653, with SL above $1.670.