The EIGEN/USDT chart reveals a compelling opportunity as the price nears a critical juncture:
๐น Descending Triangle Formation: Lower highs and a static horizontal support at $3.20โ$3.50 define the structure. While this pattern leans bearish, a breakout above the resistance trendline could ignite a strong bullish move.
๐น Critical Demand Zone: The $3.20โ$3.50 zone has consistently supported price action, confirming strong buyer activity.
๐น Imminent Move: Consolidation near the triangleโs apex suggests a potential breakout soon.๐ฅ
๐น Aggressive Entry: Buy within the $3.20โ$3.50 Critical Demand Zone for an early position.
๐น Conservative Entry: Accumulate near the green support zone at $2.70โ$3.00, if the market dips Or Enter after a confirmed breakout above the descending resistance trendline.
๐ Profit Targets: Clearly marked on the chart to help optimize your trade exits.๐๐
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