$EIGEN
EIGEN/USD Market Update: Priced at $3.550
EIGEN is currently trading at $3.550, showing a balanced market sentiment. As the coin hovers near its current price, traders are eyeing key levels for possible breakout or pullback opportunities.
Resistance: The immediate resistance for EIGEN lies at $3.75. If the price pushes past this level, we could see a move toward $4.00, which would provide the next strong hurdle.
Support: On the downside, $3.30 serves as the primary support level. If this is broken, the price could find its way toward $3.00, which would be an important area for bulls to defend.
Entry Strategy:
Bullish Setup: Watch for a breakout above $3.75 with a target of $4.00.
Bearish Setup: If the price falls below $3.30, a potential short trade could target $3.00.
Monitoring these key levels will help you stay ahead of the market and adjust your strategy accordingly!
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