$EIGEN /USDT bull run eart š¢š“
ā BULLISH BREAKOUT TOWARD RESISTANCE ZONE!
$EIGEN has bounced strongly from the $1.356 support level and is now trading around $1.47, up nearly 6% in the last 24 hours. With volume backing the move and price pushing past minor resistance, bulls are gaining momentum and eyeing the next key resistance around $1.50ā$1.52.
Trade Setup (LONG):
Entry Price: $1.460 ā $1.475
Target 1: $1.520
Target 2: $1.580
Stop Loss: $1.430
Why Long?
After retesting the 24h low of $1.356, $EIGEN printed a higher low and surged on increased volume. Price is now consolidating just under the $1.488 intraday high. A breakout above this range could trigger rapid movement toward the $1.52 resistance zone, especially with strong buying support visible near $1.46.
Market Outlook:
Momentum is building on the 1H and 4H charts. If price sustains above $1.460, the breakout structure remains valid. However, failure to hold $1.43 may invite a deeper retest.
Risk Management Tip:
Use tight SL just under the breakout zone. Lock partial profits at Target 1 and trail the rest as momentum confirms.
Buy and Trade here on
