šØ ALERT: $EIGEN Approaching Crucial Levels ā Potential Breakout! šØ
$EIGEN is trading at $3.854, up 3.19%, after rebounding from its 24-hour low of $3.534. With a 24-hour high of $4.085, the price is hovering near key levels, signaling an impending breakout or retracement.
Key Levels to Watch
1. Resistance Level 1: $4.085 (24h High)
A breakout above this level could signal a move toward the next resistance.
2. Resistance Level 2: $4.148
Breaching this level would confirm a strong bullish trend.
3. Ultimate Resistance: $4.250
Clearing this zone may lead to sustained upward momentum, drawing more buyers.
Support Levels
Support Level 1: $3.807 (EMA 25)
Holding this level is critical to sustain current momentum.
Support Level 2: $3.534 (24h Low)
A break below this could trigger a further decline, testing $3.348.
Trade Setup
Long Entry: Above $4.085, targeting $4.148 and $4.250.
Short Entry: Below $3.807, aiming for $3.534 and $3.348.
Stop Loss: Place at $3.750 to limit potential downside risk.
$EIGEN is gearing up for its next move. Watch these levels closely to capitalize on the opportunities ahead!