$EIGEN 🔥🔥👁️👁️
/USDT Technical Analysis 🎯
EIGEN/USDT is gaining attention with steady upward momentum. Here's a breakdown of its potential targets based on key resistance and support levels:
1️⃣ Target 1: $5.40
This level marks the 24h high and the first resistance. A breakout above $5.40 could signal further bullish movement, attracting more buyers.
2️⃣ Target 2: $5.50
A critical psychological level and the next resistance zone. If reached, it may indicate strong market confidence in EIGEN's momentum.
3️⃣ Target 3: $5.75
The extended bullish target for short-term traders. This level aligns with recent trading patterns and could act as a pivot point for profit-taking or further rallying.
Support Levels to Watch: $5.30 and $5.20
Current Price: $5.33 (+4.13%)
EIGEN's recent performance in the infrastructure sector suggests it’s gaining traction. Monitor these levels closely for trading opportunities!