$EIGEN
/USDT Technical Analysis: Key Targets to Watch đ
The EIGEN/USDT pair is currently trading at $4.25, with a 24-hour high of $5.09 and a low of $4.12. After a slight dip of -0.35% in the last hour, here are the key levels to monitor:
1. $4.12 â Support Level:
A crucial support zone is at $4.12. If EIGEN/USDT faces downward pressure, this level could hold as the first line of defense, helping to stabilize the price.
2. $4.80 â Immediate Resistance:
The $4.80 resistance level is a key hurdle for bulls. A breakout above this point could trigger momentum towards higher price levels, potentially leading to a revisit of the 24h high at $5.09.
3. $5.09 â Target for Upside Movement:
The recent high of $5.09 remains a significant resistance level. If the market sentiment turns positive, reaching this price could open the path to further gains.
đ Watch for Breakouts: The next few hours will be critical in determining whether the market moves toward these targets or corrects further.
Stay tuned for updates and make sure to keep an eye on these key levels for trading opportunities!
This post provides clear technical targets for the EIGEN/USDT pair, guiding traders on where to focus their attention for potential price movements.