$EIGEN /USDT
Pattern Identified: The market shows a potential bullish retracement after a brief correction, with signs of consolidation near the $3.66 level. If support holds, this could be the base for further upward momentum.
Long Entry Levels: Consider entering around $3.63–$3.68 for optimal risk-reward.
Target Levels:
• Short-term: $3.78
• Medium-term: $3.89
Stop Loss: Place a stop loss at $3.49 to manage downside risk.
Market Outlook: A breakout above $3.79 may confirm bullish momentum, targeting new highs. Failure to hold $3.63 support could indicate a bearish continuation toward $3.48.