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$EIGEN
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$EIGEN is currently showing signs of an upward trend, rebounding after a recent decline. At present, the dip was triggered by a statement from the Iranian parliament speaker, announcing intentions to respond to Israeli provocations, which briefly shook the market. However, $EIGEN is gradually recovering, with buyers stepping in. If this upward momentum continues, there's a good chance it could break above the 3.5 mark again, a level where many traders previously took long positions.
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$EIGEN It's clear that large orders are starting to exit the market, which is causing anxiety among traders. The significant outflows, as indicated by the net negative large order flow, suggest that key players are pulling out of $EIGEN. This could trigger a broader sell-off, especially as the price struggles to find stability. The market sentiment is shifting, and without strong buying support, a downward trend may accelerate. Keep a close eye on the next moves, as this sell pressure might lead to further declines if it continues.
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Currently, $EIGEN has made many attempts to break through the 3.7 resistance, all of which have failed. This persistent inability to surpass the level indicates that selling pressure remains strong. As a result, there is an increasing likelihood that the price may start to decline if further attempts continue to fall short.
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$EIGEN is starting to rise rapidly—now is the perfect time to seize the opportunity before it pushes higher. With momentum building, quick action could capitalize on the upcoming surge.
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$EIGEN is currently experiencing a pullback as it prepares for a potential breakout above $3.8. The recent dip is seen as a necessary correction before the next upward move. Once the market stabilizes and gathers strength, $EIGEN is expected to bounce back and challenge the $3.8 resistance, setting the stage for further growth.
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