🚨 $EIGEN /USDT Analysis: Potential Reversal or Continued Downtrend? 🚨

EIGEN/USDT has been in a downtrend, bouncing off a low of 2.600 USDT and currently consolidating around 2.861 USDT. This setup indicates that EIGEN is either gearing up for a relief rally or could be in a pause before another downward move. Here’s a breakdown of the crucial levels to watch:

💡 TARGET LEVELS TO WATCH 💡

🎯 Target 1: 2.993 USDT – This level serves as the immediate resistance. A successful push above could signal the beginning of a bullish reversal, opening up more upside potential.

🎯 Target 2: 3.447 USDT – If EIGEN maintains momentum and clears the first resistance, the next target would be around 3.447, marking a critical mid-level resistance in this range. Breaking this could attract more buyers and indicate a stronger recovery.

🎯 Target 3: 3.840 USDT – This is the ultimate bullish target in the short term, aligning with a previous high. Reaching this level could signify a full reversal from recent lows, drawing attention from momentum traders.

📉 DOWNSIDE WATCH:

If EIGEN fails to hold above 2.861 and revisits lower levels, a retest of the 2.600 USDT support is possible, where sellers might again take control.

Keep an eye on these levels for potential entry and exit points—EIGEN/USDT could be setting up for a decisive move!

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