$EIGEN

Breaks Above $5 – Bulls Eye Continuation! 🚀

EIGEN/USDT is showing strong bullish momentum, trading at $5.125 with a 6.17% increase. After reaching a 24h high of $5.281, price consolidates as buyers aim for a breakout.

Key Metrics:

Current Price: $5.125

24h High: $5.281

24h Low: $4.697

Market Analysis:

Support Zone: $5.00 – holding this level indicates strong buyer interest.

Resistance Zone: $5.28 – a breakout here could push the price toward $5.50 and higher.

The recent recovery from $4.48 shows strong upside momentum with increasing volume.

Trading Strategy:

Entry Zone: $5.10 - $5.15

Targets: $5.28 / $5.50 / $5.75

Stop Loss: Below $4.95

Risk Management: Monitor the volume for breakout confirmation. Use trailing stops to secure profits in case of reversals.

Hashtags:

#Binance #CryptoTrading #TradingSignals #CryptoMarket #BinanceLaunchpool