$EIGEN
The chart for $EIGEN shows a clear upward trend within a rising channel. The price is approaching a resistance zone near 5.500, while the lower support lies around 4.500.
Key Observations:
Trend: The price is following an ascending channel, maintaining higher highs and higher lows.
Resistance: Watch the 5.500 level carefully, as it acts as a major resistance zone.
Support: If a rejection occurs, the price could pull back towards 4.500 for support before another upward attempt.
Overall, the chart structure remains bullish as long as the price respects the channel.
