$EIGEN
/USDT Technical Analysis: Key Levels to Watch 🚀
The price of EIGEN/USDT has been on an impressive uptrend, currently sitting at $3.555 after a 16.06% increase in the last 24 hours. Let’s dive into some crucial targets to keep an eye on for potential moves in the next few hours:
🎯 Target 1: $3.690
The 24-hour high is a key resistance level. A break above this could signal a continuation of the bullish trend, opening the path to higher targets.
🎯 Target 2: $3.800
A strong psychological barrier, this price point could test bullish momentum and provide confirmation of further upside potential.
🎯 Target 3: $2.892
On the downside, the 24-hour low presents a critical support level. If the price retraces, watching for a bounce here could provide an opportunity for long positions.
The market is active, with 24h Volume (EIGEN) at 24.64M and 24h Volume (USDT) at 81.74M, indicating strong participation.
Stay alert, and make sure to follow the price action for updates! 💥