$EIGEN /USDT Analysis: Testing Key Levels 🚨

Current Price: $3.96 (-2.20%)

$EIGEN is showing a minor decline of -2.20% over the past 24 hours, trading near its daily low of $3.910. Volume remains steady with $29.75M traded, indicating decent liquidity but cautious market sentiment.

Key Metrics (Performance):

7 Days: -2.34%

30 Days: -12.48%

90 Days: +9.90%

1 Year: +3.96%

Technical Levels:

Support Zone: $3.910 (critical level to watch).

Resistance Zone: $4.20 - $4.26 (requires breakout for bullish recovery).

Action Plan:

Bullish Scenario: Monitor for a bounce above $4.00 with increased volume, targeting $4.20 and $4.26.

Bearish Risk: If price breaks below $3.90, expect further downside to $3.80 or lower.

Key Insight:

$EIGEN is testing its lower range, with the price showing resilience near $3.90. A decisive move above $4.00 could signal renewed bullish momentum. Keep an eye on volume spikes for confirmation.

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