The $EIGEN stock has started to enter a range where it can be distributed, guys!
For those holding, you can start to distribute lightly over time; for those trading or holding briefly, just wait for a reversal signal in the smaller time frames H1-H4.
With the current market cap of 460M for the top 1 Restaking assets, I will start to pay attention gradually. The current TVL is over $10B, ranking 3rd in the market, just behind Lido and Aave.
$EIGEN has raised approximately 150M, and the staking amount on the platform is quite high.
Here are 3 entry zones where I will buy; you can consider them according to my perspective:
- The current zone can be lightly distributed
- The next zone around a market cap of 380-400M
- The final zone is around a market cap of approximately 300M
If you study this stock, just look at the chart of the LSD stock $LDO running; it will be the easiest to visualize.
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