$EIGEN finally showing strong recovery momentum after weeks of weakness 📈
The chart bounced cleanly from the 0.15 support zone and buyers have now pushed price back above 0.20 with solid volume confirmation. Momentum has clearly shifted bullish on the short-term trend, and the recent breakout candle is catching a lot of attention from traders.
What stands out here is the strength of the reversal structure. Instead of making new lows, price formed a solid base and started printing higher lows before this breakout move. That usually signals growing buyer confidence and improving market sentiment 👀
RSI is getting overheated, so some short-term pullbacks or consolidation wouldn’t be surprising after such a fast move. But if volume continues building,
$EIGEN could try reclaiming higher resistance zones in the coming sessions.
Definitely becoming one of the stronger infrastructure plays on the watchlist right now 🚀
#EIGEN #Crypto #Binance