$EIGEN USDT Analysis Report šŸ”„šŸ’Æ

Pattern: Bullish continuation following a pullback. Price holding steady above $5.50 indicates strong momentum.

Long Entry: Consider buying above $5.52.

Targets:

1. $5.65 - Short-term resistance.

2. $5.80 - Key resistance level.

Stop Loss: Set at $5.40 to manage downside risk.

Market Outlook:

Bullish momentum is likely to persist if the price continues to hold above $5.50. Watch for increasing trading volume near resistance levels to confirm further upward movement.

Current Price: $5.59 (+11.59%)

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