$EIGEN Trading Signal - Strong Support and Breakout Watch
Current Price: $3.674 (+7.65%)
Entry Point Suggestion: Enter a long position within $3.600–$3.700. This range is supported by recent price consolidation and a potential breakout setup.
Target Levels:
Target 1: $3.800 (immediate resistance zone)
Target 2: $4.000 (psychological level)
Target 3: $4.200 (extended bullish target)
Stop Loss: Set a stop loss at $3.500 to minimize downside risks while giving room for market fluctuations.
Observation: $EIGEN has maintained its upward momentum, supported by higher lows and solid buying activity. A breakout above $3.700 could accelerate the bullish trend. Monitor for increased volume to confirm the move.
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