🧠 $EIGEN /USDT Technical Analysis (1D Chart)

💵 Current Price: $1.569 (–0.06%)

📊 Moving Averages:

MA(7): $1.443 ✅

MA(25): $1.445 ✅

MA(99): $1.137 ✅

EIGEN comfortably remains above all major moving averages — bullish structure confirmed as long as it stays above $1.45.

📈 Lateral Base or Hidden Spring?

The price has been moving sideways in a narrow range for over 3 weeks between $1.38–$1.78.

Every dip is being bought higher, while the highs are being tested multiple times — forming a possible ascending triangle just below the resistance of $1.60–$1.65.

🔥 Momentum and Price Action:

Consolidation above the MAs = strength

If the price breaks $1.63–$1.65, it could trigger a quick move towards $1.85–$2.00.

Volume confirmation will be key (not shown but should be monitored)

🧱 Key Levels:

Support: $1.45 → $1.36 → $1.22

Resistance: $1.63 → $1.78 → $1.97

🎯 Strategy Setup:

Breakout Entry: Above $1.63 with volume

Target Zone: $1.85–$2.00

Stop Loss Ideas: Below $1.45 or below the recent higher low at $1.38

⚠️ DYOR – Do Your Own Research.

This is not financial advice. Markets can be volatile — always trade responsibly!

Buy and trade here 👉🏾👉🏾$EIGEN