$EIGEN
/USDT Trading Signal
Entry Zone: $4.90 - $5.05
Targets: $5.24 / $5.55 / $5.80
Stop Loss: Below $4.36
Analysis: EIGEN is maintaining a strong uptrend, with the price supported by the 25 EMA ($4.818) and the 99 EMA ($4.377). The 7 EMA ($4.893) is acting as a dynamic support, indicating short-term bullish momentum. A break above $5.24, the recent high, could lead to a continuation toward $5.55 and beyond. Monitor for higher volume near resistance zones to confirm the breakout.
Risk Management: Place a stop loss below $4.36 to manage downside risks effectively. Scale profits at key targets.
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