đš $EIGEN /USDT in Focus: Watch for These Critical Levels! âĄđŻ
$EIGEN /USDT is currently trading at $3.225, reflecting a modest gain of +1.16%. After testing its resistance, it has shown signs of consolidation. Traders should be prepared as this consolidation could precede a significant move.
đ Market Insights:
24h High: $3.460 â Key resistance level that needs to be broken for continued upward momentum.
24h Low: $3.081 â Established support level indicating a recent buying interest.
Moving Averages:
MA(7): $3.230 â Short-term trendline currently acting as resistance.
MA(25): $3.224 â Mid-term support/resistance boundary.
MA(99): $3.108 â Long-term support level, showing overall market strength.
đŻ Targets to Watch:
1. Target 1: $3.35 â A potential breakout level indicating bullish continuation.
2. Target 2: $3.50 â Mid-level target if the bullish momentum sustains.
3. Target 3: $3.70 â Long-term target for a strong rally continuation.
â ïž Trading Note: Keep an eye on the $3.081 support level for signs of a dip buy, and watch for a breakout above $3.460 to confirm a bullish push towards the targets. Failure to maintain above $3.230 may signal consolidation or downward movement.
Stay alert and trade smart!
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