🚨 $EIGEN /USDT in Focus: Watch for These Critical Levels! ⚡🎯

$EIGEN /USDT is currently trading at $3.225, reflecting a modest gain of +1.16%. After testing its resistance, it has shown signs of consolidation. Traders should be prepared as this consolidation could precede a significant move.

📊 Market Insights:

24h High: $3.460 – Key resistance level that needs to be broken for continued upward momentum.

24h Low: $3.081 – Established support level indicating a recent buying interest.

Moving Averages:

MA(7): $3.230 – Short-term trendline currently acting as resistance.

MA(25): $3.224 – Mid-term support/resistance boundary.

MA(99): $3.108 – Long-term support level, showing overall market strength.

🎯 Targets to Watch:

1. Target 1: $3.35 – A potential breakout level indicating bullish continuation.

2. Target 2: $3.50 – Mid-level target if the bullish momentum sustains.

3. Target 3: $3.70 – Long-term target for a strong rally continuation.

⚠️ Trading Note: Keep an eye on the $3.081 support level for signs of a dip buy, and watch for a breakout above $3.460 to confirm a bullish push towards the targets. Failure to maintain above $3.230 may signal consolidation or downward movement.

Stay alert and trade smart!

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