$EIGEN Next target?
Based on the chart and current levels, the next target levels for EIGEN/USDT are as follows:
Bullish Targets:
1. Immediate Target: 2.652 (24h high) – Breaking this level would confirm short-term bullish momentum.
2. Secondary Target: 3.076 – A significant swing high from the chart, which acts as the next resistance.
3. Extended Target: 3.521 – A previous high that could act as a psychological and technical resistance zone.
Bearish Targets (if downward momentum resumes):
1. Immediate Support: 2.312 (24h low) – Failure to hold above this level could trigger further declines.
2. Secondary Support: 2.246 – Recent swing low and a critical support zone.
3. Extended Support: 2.185 – A lower support zone based on chart patterns.
Key Considerations:
For a bullish continuation, monitor for a breakout above 2.652 with strong volume.
For a bearish pullback, observe price action near 2.312 and 2.246.
If the breakout is confirmed, the next likely target is 3.076. Conversely, failing to hold current levels may result in testing 2.312 or lower.
