🚀 $EIGEN /USDT Trading Update! 🚀
🔹 Current Price: $3.499
📈 Resistance: $3.676
📉 Support: $3.181
EIGEN is showing a promising uptrend on the 15-minute chart, making a bullish run towards its recent high. The ascending trendline, marked in blue, suggests a strong support level that traders can consider for their strategies.
Entry Strategy:
💡 Long Trade: Enter a long position if EIGEN breaks above the resistance at $3.676. This could indicate continued upward momentum, potentially pushing the price higher.
Stop Loss:
🛑 Set a stop loss just below the support level at $3.181 to minimize potential losses if the market reverses.
Why This Matters:
EIGEN's recent performance and trading volume highlight a growing interest. With the price hovering near the upper trend line, a break above resistance could signal a significant bullish continuation. Watch this space for updates, and as always, manage your risks effectively to optimize your trading strategy!
🎯 Stay tuned for more updates and trade smart!
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