๐ EIGEN/USDT Trading Analysis ๐
Support & Resistance Levels EIGEN is currently trading at $4.037. Key support is at $3.908, while resistance is at $4.24. These levels are crucial for identifying potential price reversals.
Entry Strategy With the 7-day moving average at $4.073 and the 25-day at $4.044, a bullish crossover suggests a potential upward trend. Consider entering a long position if the price breaks above the resistance level of $4.24 with strong volume.
Exciting Insights The 24-hour volume of 465.85M USD indicates high trading activity, making EIGEN a hot asset to watch! Keep an eye on the MACD and RSI for additional confirmation of the trend.
Happy trading! ๐๐ฐ
