$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.

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