📉 $EIGEN /USDT Analysis!!

$EIGEN trading at $3.09, down 10.77% over the last 24 hours, hovering near the 24h low of $3.05. This could mark a critical support level, offering potential for a reversal if bulls step in. However, resistance looms at $3.33, and the price remains below the MA(7), MA(25), and MA(99), signaling ongoing bearish momentum.

🔍 Entry Strategy: For those looking to buy the dip, consider entering near **$3.05**, as it’s testing support. A confirmed breakout above $3.33 could signal the start of a recovery. Keep an eye on trading volume and set tight stop-loss to manage risk.

Is EIGEN about to bounce back, or will it break further down? Keep your strategies sharp and stay ahead!

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$EIGEN