$EIGEN /USDT Spot Trade Signal!đ„đŻ
âą Entry Range: $3.85 - $3.90 (near lower trendline support).
âą Targets:
1. $4.05 (short-term resistance).
2. $4.20 (upper trendline).
3. $4.35 (extended breakout).
âą Stop Loss: $3.78 (below channel support to limit downside).
âą Liquidity Zones: Strong buying activity observed near $3.85, suggesting accumulation. Watch for volume spikes near resistance.
âą Trade Setup: Price is consolidating within an ascending channel. A breakout or rejection at $4.00 will decide direction.
âą Risk-Reward: Favorable ratio above 1:3, with tight risk management.
âą Indicators: Monitor RSI for overbought levels near $4.20 and MACD for confirmation of upward momentum.
âą 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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