๐ Long Signal Alert: $EIGEN ๐
๐ก Current Price: $4.319 (-10.95%)
After a sharp drop, EIGEN is showing signs of stabilization near the $4.12 support level. This could be the perfect setup for a potential rebound. Letโs dive into the trade plan! ๐
๐ Key Levels to Watch:
๐น Support: $4.12 (Strong), $4.00 (Critical Zone)
๐น Resistance: $4.35 (Immediate), $4.50 (Key Zone), $4.60 (Target for Bulls)
๐ผ Long Signal Setup:
Entry Zone: $4.25-$4.30
Target 1: $4.40
Target 2: $4.50
Stop Loss: $4.10
๐ Why Long?
The price is consolidating after finding support at $4.12, a key demand zone.
Momentum indicators show a potential reversal if the price breaks above $4.35 resistance.
Rising volume in the recovery phase indicates growing buyer interest.
โ ๏ธ Risk Management Tips:
๐ Use a tight stop-loss below $4.10 to minimize risks.
๐ Take partial profits at $4.40, and let the rest run towards $4.50 if the bullish momentum continues.
๐ Watch for a breakout above $4.35 to confirm the upward trend.
๐ฌ Do you think EIGEN will rebound to $4.50? Whatโs your strategy? Share your thoughts below!
#CryptoSignals #EIGENUSDT #TradingOpportunities #CryptoTrading #Write2Earn!