$EIGEN
EIGEN/USDT Price Analysis – Current Price: $4.136
EIGEN is currently trading at $4.136, showing solid upward momentum as it holds above key support at $4.00. The asset is testing the $4.20 resistance level, which, if broken, could lead to further gains towards $4.50. A successful breakout above $4.20 could trigger a rally, but watch for any potential pullbacks towards $4.00 for possible re-entry opportunities.
Entry Strategy: Consider entering near the $4.10-$4.15 range as it tests resistance, with an eye on the breakout above $4.20. For those already in, look for $4.50 as the next target.
Stop-loss: Place your stop-loss at $3.90 to manage risk in case the price retests support. With bullish momentum intact, EIGEN might continue to capitalize on the recent uptrend. Keep an eye on key resistance and support levels for optimal trading opportunities.
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