$EIGEN /USDT - Bullish Momentum Incoming? ๐
๐ Current Price: $1.746 (+4.24%)
๐ฅ Key Levels:
Support: $1.65 (Strong demand zone)
Resistance: $1.75 - $1.76 (Current breakout level)
๐ Long Setup (Bullish Play):
Entry Zone: $1.74 - $1.76 (Breakout confirmation)
Take Profit Targets:
TP1: $1.80
TP2: $1.85
Stop Loss: Below $1.70 (To limit risk)
๐ Short Setup (Bearish Play):
Entry Zone: $1.74 - $1.75 (If rejection happens)
Take Profit Targets:
TP1: $1.68
TP2: $1.65
Stop Loss: Above $1.77
๐ก Market Insight: $EIGEN is testing a key resistance zone at $1.75 - $1.76. A confirmed breakout with strong volume could send the price towards $1.85 or higher. However, if sellers take control, we could see a retest of $1.65 before another leg up.
๐ Pro Tip: Monitor volume closelyโif it spikes above resistance, we might see a strong rally. If not, a rejection could bring a healthy pullback for re-entry.
EIGEN
1.732
+3.71%
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