$EIGEN
/USDT Technical Analysis
EIGEN is gaining traction with a significant 9.16% increase in price over the past 24 hours, trading at $3.39. Here's what to watch:
Key Levels and Targets 🎯
1️⃣ Target 1 - $3.60:
Represents immediate resistance. A breakout here could signal continued bullish momentum.
Look for increased trading volume and strong candle closures above this level for confirmation.
2️⃣ Target 2 - $3.80:
A mid-term target if momentum sustains. Indicators like RSI and MACD could turn more bullish as this level approaches.
3️⃣ Target 3 - $4.00:
A psychological level and a potential long-term resistance point. Breaking this could shift EIGEN into a stronger uptrend.
Support Levels
$3.20: Immediate support, ensuring stability.
$2.89: Strong base from recent lows.
Indicators
RSI trending upward: Signaling buying interest.
MACD crossover: Suggests bullish momentum building.
Keep monitoring EIGEN for breakouts and use proper risk management for entries near key levels. Are you prepared for the next move?