❗️"Analyzing the Ascending Broadening Wedge Pattern of $EIGEN "❗️
#Eigen is currently forming an ascending broadening wedge pattern. A breakout from the support level could potentially push the price toward $3.
Short Trade Suggestion:🔺️
Sell @ 4- 4.05
Buy Targets - 3.6 - 3.45 - 3.3 -3
Leverage - 5x or less
Allocation- 5% or less
Type-Postional Trade
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Disclaimer: The following post reflects my personal opinions and is not intended as investment advice. Please conduct your own research and analysis before making any trading decisions.**
Stay alert to these trends to make informed decisions regarding potential reversals.