đ $EIGEN /USDT â Bearish Trend with Potential Reversal Ahead! âĄ
$EIGEN is currently trading at 3.538 USDT, down by 6.87% over the past 24 hours. After hitting a low of 3.481 USDT, buyers are attempting to regain control, but the token remains under pressure. With the 24-hour high at 3.805 USDT, a breakout above key resistance levels could reverse the downward trend.
The moving averages indicate that the price is still in a bearish phase, with MA(7) at 3.531 and MA(25) at 3.638. However, a sustained rebound from these levels could trigger a trend shift.
Key levels to watch:
Support: 3.481 USDT
Resistance: 3.638 USDT
đŻ Targets to aim for:
1. 3.638 USDT
2. 3.805 USDT
3. 4.133 USDT
If EIGEN can break above the resistance at 3.638 USDT, it could set the stage for further recovery, with the next target at 3.805 USDT. A breakout above 4.133 USDT would confirm bullish momentum, inviting new buyers into the market. On the downside, if the price drops below 3.481 USDT, further bearish pressure may push the token lower.
Stay alert as $EIGEN navigates these critical levels, and watch for volume spikes as a signal for the next major move.
