🚨 LONG SIGNAL ALERT: EIGEN poised for a breakout! 🚨
$EIGEN is trading at $5.611, gaining strong momentum after testing a 24-hour low of $4.873 and reaching a high of $5.630. The price is holding above the MA(7) at $5.533, signaling bullish momentum.
Key Levels to Watch:
Resistance: $5.630 – A breakout above this level could push EIGEN toward $5.667 and $5.750.
Support: $5.497 – If this level fails, expect a pullback toward $5.400 and $5.178.
Trade Setup:
Long Entry: Above $5.611, targeting $5.667 and $5.750.
Stop Loss: Below $5.497.
Monitor for confirmation of the breakout, as momentum favors the bulls. Trade carefully!
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