$EIGEN /USDT Spot Trade Signal!đŸ”„đŸ’Ż

‱ Entry Range: $3.85 - $3.90 (near lower trendline support).

‱ Targets:

1. $4.05 (short-term resistance).

2. $4.20 (upper trendline).

3. $4.35 (extended breakout).

‱ Stop Loss: $3.78 (below channel support to limit downside).

‱ Liquidity Zones: Strong buying activity observed near $3.85, suggesting accumulation. Watch for volume spikes near resistance.

‱ Trade Setup: Price is consolidating within an ascending channel. A breakout or rejection at $4.00 will decide direction.

‱ Risk-Reward: Favorable ratio above 1:3, with tight risk management.

‱ Indicators: Monitor RSI for overbought levels near $4.20 and MACD for confirmation of upward momentum.

‱ Caution: Break below $3.78 invalidates bullish structure, leading to potential drop toward $3.60.

Stay alert for significant volume near key levels to confirm the move.

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