$EIGEN short liquidation just hit $5.96K at $3.70192—major volatility shaking up the market!
Entry Point:
$3.7500
Entering as $EIGEN shows signs of further downside, following the liquidation event.
Stop Loss:
$3.8000
A tight stop to protect the position in case of an unexpected upward movement.
Target:
$3.4000
Targeting a pullback to this support zone, where we expect a strong reaction.
With $EIGEN liquidation at $5.96K, expect heightened volatility.
Watch the price closely for the next move!