$EIGEN

🚨 EIGEN/USDT – Market Breakdown 🚨

EIGEN is testing critical waters at 3.923 USDT, dipping -1.26% on the 15-minute chart! 📉 The price has been in a sharp downtrend, reflecting heavy selling pressure. However, we’re approaching key support at 3.900, a level that could spark a bounce if buyers step in.

🔹 Resistance Zones: Watch out for 4.100 – 4.200 and 4.300 – 4.400 – these areas might slow down any bullish recovery.

🔹 Support Levels: Immediate defense lies at 3.900, with a stronger floor at 3.709.

🎯 Entry Strategy:

Long Setup: If 3.900 holds and bullish patterns emerge, consider a long position targeting 4.100.

Short Setup: If price rallies toward 4.100 – 4.200 without volume, look for short entries with stops above 4.300.

🔥 Pro Tip: Break below 3.709? Expect more downside! Keep those stop-losses tight and ride the waves smartly!

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