$EIGEN $EIGEN
EIGEN/USDT: A Rocky Road Ahead
EIGEN is facing a challenging period, currently trading at $3.071, down 3.21% in the last 24 hours.
Support & Resistance:
* Support: $3.048 is the immediate support level. Breaking below this could lead to further downside.
* Resistance: $3.300 has been acting as strong resistance. Breaking above this level could signal a bullish reversal.
Entry Strategy:
* Buy the Dip: If EIGEN dips further towards $3.048, consider buying as a potential long-term investment. Set a stop-loss below $3.048.
* Scalp the Range: For short-term traders, scalping the range between $3.048 and $3.300 could be a viable strategy. Use tight stop-loss orders to manage risk.
Remember, do your own research before trading. Crypto is volatile!
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