🚀 $EIGEN /USDT Technical Analysis Update 🎯
🔹 Current Price: $4.82
🔹 24h High: $5.068
🔹 24h Low: $4.739
🔹 24h Volume (EIGEN): 7.39M
🔹 24h Volume (USDT): 36.25M
Technical Overview:
The price of EIGEN/USDT has seen a slight pullback of -3.61% over the past 24 hours, currently holding at $4.82. The market is showing some fluctuation with a low of $4.739 and a high of $5.068.
Key Price Levels to Watch:
1. Support Level: $4.739 – A key level to monitor for potential bounce. If this level holds, it could lead to a short-term reversal.
2. Resistance Level: $5.068 – A breakout above this level may signal the continuation of the bullish trend.
3. Target 1: $4.997 – Target for a near-term price movement. Watching for potential upward pressure as the market reacts to this level.
Market Sentiment & Depth:
Depth: 1.745%, indicating slight market interest and potential for price movement.
24h Trend: Showing a -4.739% decline, but still maintaining a potential for recovery as we approach key support levels.
📊 Trading Strategy:
Watch for price action around $4.739 for potential buying opportunities if the market bounces.
A breach of $5.068 could trigger a strong upward move, reaching our $4.997 target.
Stay vigilant and adjust your strategy based on these key levels. 📈