$EIGEN
/USDT: Bullish Momentum Pauses – Key Levels for Next Move 🎯
Current Price: 5.256 (up 3.38% in 24 hours, down -0.76% in the last 15 minutes).
Key Levels:
Support: 4.848 (24h Low) – Critical support zone to watch for a potential bounce.
Resistance: 5.318 (24h High) – Potential breakout level if the bullish trend continues.
Trade Strategy:
Buy: Consider buying near 5.25 if it holds above support or a breakout above 5.318.
Stop-Loss: Place below 4.80 to protect against a larger downside move.
Target Keys 🎯:
1. T1: 5.32 – Immediate resistance; lock in some profits here.
2. T2: 5.50 – A breakout continuation target if momentum picks up.
3. T3: 5.80 – Potential next resistance level for long-term traders.
Risk Management: Stay agile, watch volume closely for confirmation, and be prepared for a pullback to 4.85 if the support fails.
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