$EIGEN

🚀 EIGEN/USDT Daily Chart Analysis – Key Levels to Watch!

The crypto market has its eyes on EIGEN/USDT as it undergoes a sharp correction, down 14.38% today, currently trading at $4.19. After a strong rally to $5.50, the price faced rejection and entered a bearish phase.

🔑 Support & Resistance Levels

Support: The $4.10-$4.00 zone is holding strong, acting as a key defense against further downside. A break below this level could open the doors to $3.50.

Resistance: The $4.50 level is the first barrier to a recovery, with $5.00 being the critical resistance for bulls to reclaim momentum.

📈 Entry Strategy

For Bulls: Consider entering near the $4.00 support with tight stop-losses. Target $4.50 and $5.00 for profit.

For Bears: Wait for a breakdown below $4.00 to ride the trend lower towards $3.50.

💡 Pro Tip: Keep an eye on trading volumes for confirmation of any breakout or breakdown. Volatility is opportunity—trade wisely!

Do you think $4.00 will hold, or are we heading for deeper lows? Let’s discuss below!

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