$EIGEN
EIGENUSDT Compression Phase—Watch for Breakout or Retest Levels
EIGENUSDT is consolidating at 1.9345, caught between dense volume at 2.02 resistance and a thick support region near 1.85. Price action is tight and indecisive, so valid setups form only at the extremes or on breakout.
Proper and Possible Trade
Entry: Enter long only if price breaks and closes above 2.02–2.06 with strong momentum and volume, or on a tested bounce from the 1.85–1.88 support zone with bullish confirmation.
Targets: Take profit at 2.13 and 2.22 on successful breakout or support rebound.
Stop Loss: Place stop below 1.81 to cap risk.
No mid-range action—wait for extremes or a powerful breakout. Only initiate trades after confirmation of trend or resilient volume-driven support. Proper entries require patience and discipline for the high-quality edge.