đ $EIGEN /USDT Technical Breakdown: Is a Reversal Coming?
The price of EIGEN is currently at $3.36, showing a minor drop of -0.27%. With the price nearing its 24-hour low at $3.345, we're approaching a key support zone. If this level holds, it could offer an attractive buying opportunity for risk-tolerant traders. However, a break below this support could open the door to further downside.
On the upside, $3.436 acts as a resistance level, where price previously faced rejection. Traders should look for a breakout above this zone to confirm bullish momentum.
đ Entry Strategy: Watch for price action near support at $3.345. Enter a long position if we see a bullish bounce. Alternatively, a breakout above $
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