🚨 $EIGEN Stabilizes at $4.972 – Consolidation or a Push Higher?
$EIGEN is trading at $4.972, showing a decline of 3.31% over the past 24 hours. After reaching a 24-hour high of $5.389, the price retreated sharply, finding support near its daily low of $4.600. The RSI stands at 43.10, reflecting mild bearish momentum, while the MACD signals a continued downtrend with minimal recovery signs.
Currently, EIGEN is hovering near a critical support level at $4.850, and maintaining above this zone will be vital for avoiding further downside. A break above the immediate resistance of $5.139 could renew buying interest and pave the way for a recovery. Traders should watch for a volume surge to validate the next move.