EIGEN/USDT – Is This the Right Time to Buy?
EIGEN is currently showing some interesting movement. After dipping to around $1.346, it's now slowly bouncing back and trading at $1.364. This small recovery might be the beginning of a short-term uptrend.
Looking at the 15-minute chart, we can see:
RSI is at 34, which means the coin is close to being oversold. That’s often a signal that buyers could step in soon.
MACD is still slightly bearish, but the downward momentum is weakening.
The last 24 hours saw good volume, which means there’s still interest in this coin.
If the market supports it, EIGEN could easily climb back up to around $1.45 in the short term.
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Buy Entry Zone:
Entry Price: Between $1.34 to $1.36
Target: $1.43 to $1.45
Stop Loss: $1.31 (to manage risk)
