๐Ÿš€ $EIGEN

/USDT Technical Analysis & Targets ๐ŸŽฏ

The price action for EIGEN has been showing promising movement in the last 24 hours. Let's break down the key levels to watch in the short-term!

๐Ÿ”น Current Price: 2.770 USDT

๐Ÿ”น 24h High: 2.827 USDT

๐Ÿ”น 24h Low: 2.142 USDT

Key Target Levels:

1. Target 1: 2.90 USDT

๐Ÿ“ˆ The price is showing strong support at 2.77, and we could see a push towards 2.90, where resistance could form. A break above this level could signal a continuation to higher levels.

2. Target 2: 3.00 USDT

๐Ÿ’ฅ If the upward momentum holds and the price manages to break 2.90, the next major target is 3.00 USDT. This will likely be a key resistance zone that traders should watch for any price rejection.

3. Target 3: 3.20 USDT

๐Ÿš€ Should the bullish trend continue and 3.00 is broken, the next target lies at 3.20 USDT. This level marks a critical resistance point, and a solid breakout could trigger a strong rally.

Support Zone:

Support Level: 2.14 USDT remains the key level to watch for any pullbacks. If the price retraces, 2.14 could act as strong support for further bullish movements.

๐Ÿ” Trend Analysis:

Short-Term Outlook: Bullish, with higher highs observed recently.

Risk/Reward: Positive as long as the price stays above the support zone.

๐Ÿ“Š Keep an eye on these levels, and be prepared to adjust your strategy as the market evolves. Always manage your risk and trade wisely! ๐Ÿ’ก

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