$EIGEN Long Liquidation Alert!
A significant $64,100 long position in EigenLayer (EIGEN) was liquidated at $3.604, highlighting notable market volatility.
Current Price: $3.64 (slightly below liquidation level).
Intraday Range: High at $3.83, Low at $3.58.
Recent Developments:
Market Performance: EIGEN has experienced a 3.71% decline today, trading around $3.63.
Trading Volume: The 24-hour trading volume stands at approximately $170.12 million, indicating active market participation.
Next Move:
Support Level: $EIGEN is approaching the $3.50 support zone. A successful hold above this level could indicate a potential rebound.
Resistance Level: A break above $3.80 may lead to further gains, with the next resistance around $4.00.
Pro Tip: Given the current market volatility, it's crucial to monitor EIGEN's price action closely and consider risk management strategies when trading.