❗️"Analyzing the Ascending Broadening Wedge Pattern of $EIGEN "❗️

#Eigen is currently forming an ascending broadening wedge pattern. A breakout from the support level could potentially push the price toward $3.

Short Trade Suggestion:🔺️

Sell @ 4- 4.05

Buy Targets - 3.6 - 3.45 - 3.3 -3

Leverage - 5x or less

Allocation- 5% or less

Type-Postional Trade

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Disclaimer: The following post reflects my personal opinions and is not intended as investment advice. Please conduct your own research and analysis before making any trading decisions.**

Stay alert to these trends to make informed decisions regarding potential reversals.

#Binance #Bears #EigenLayer #short