$EIGEN /USDT SHORT TRADE SIGNAL – BEARS SHOWING PRESSURE
Entry Price: $1.475 – $1.490
Target 1: $1.440
Final Target: $1.400
Stop Loss: Above $1.530
Why Short?
EIGEN has shown signs of exhaustion after reaching a high of $1.529, now trading at $1.464. The price has pulled back from the top and is losing momentum as volume slows down.
If sellers keep pressure below the $1.490 level, we could see a short-term dip toward $1.40. Watch for rejection candles near resistance zones to confirm weakness. A break below $1.440 may trigger faster downside movement.
Risk Tip: Lock partial profits at first target and adjust stop-loss to entry for safer risk management.
Trade here on $EIGEN