🚨 $EIGEN /USDT ALERT: Testing Key Support – Big Move Brewing! 🚨
$EIGEN is trading at $3.547, down -6.51%, after a pullback from its recent high of $3.880. The price is approaching critical support, setting up for either a rebound or a continuation of the correction.
💡 Key Levels to Watch:
• Resistance: $3.650, $3.750, $3.880
• Support: $3.500, $3.350, $3.200
📉 Trade Setup:
• Short Entry: Below $3.500, targeting $3.350, $3.200, and $3.050.
• Stop Loss: $3.600.
• Long Entry: Above $3.650, aiming for $3.750, $3.880, and $4.000.
• Stop Loss: $3.500.
⚠️ Market Insight: EIGEN has shown strong volume on recent moves, indicating potential volatility. RSI signals oversold conditions, suggesting a possible reversal near support. Monitor closely for breakout signals!