🚨$EIGEN /USDT - Potential Short-Term Uptrend Continuation🚨
EIGEN/USDT is currently showing promising signs on the chart. We've seen a recent surge in price, breaking through previous resistance and indicating strong upward momentum.
Current Price: 1.829
Entry Price: Consider entries around the current price or on a slight dip, watching for a bounce off potential support.
Resistance Levels:
* 1.900
* 1.950
* 2.000 (Psychological resistance)
Support Levels:
* 1.800
* 1.750
Take-Profit Targets:
* TP1: 1.850
* TP2: 1.900
* TP3: 1.950
Stop-Loss: 1.780 (Adjust based on your risk tolerance)
Important Considerations:
* Volatility: charts can be volatile. Be prepared for rapid price changes.
* Confirmation: Wait for a clear breakout and confirmation before entering a long position. Look for strong volume and decisive candle closes above resistance.
* Risk Management: Always use a stop-loss and manage your position size appropriately.
Disclaimer: This is not financial advice. Trade at your own risk.
