$EIGEN $EIGEN $EIGEN
EIGEN/USDT Technical Analysis: A Bearish Outlook
The EIGEN/USDT chart shows a bearish trend in progress. The price has broken below the crucial support level of $2.705, indicating a potential further decline.
Key Resistance and Support Levels:
* Resistance: $2.705
* Support: $2.699
Entry Strategy:
* Conservative: Wait for a break below the current support level.
* Aggressive: Short positions can be considered at current levels.
Remember: This analysis is based on technical indicators and past price action. It's essential to conduct thorough research and consider your risk tolerance before making any investment decisions.
#BinanceBlockchainWeek #16thBTCWhitePaperAnniv #USPCEExceeds #NFPWatch #Write2Earn!