📊 $EIGEN /USDT - Technical Analysis & Trade Signal 🎯

Current Price: $5.47 (+10.53%)

24H High: $5.659 | 24H Low: $4.877

Volume: 16.15M EIGEN / 85.16M USDT

🔹 Trade Momentum:

EIGEN/USDT is showing strong bullish momentum with an impressive 10.53% gain. The price has broken key resistance levels and is currently trading above the SAR level ($5.633), signaling a continuation of upward movement.

🔹 Trade Signal:

Position: Long (Buy) 📈

Entry Zone: $5.45 - $5.50

🎯 Targets:

1️⃣ Target 1: $5.80

2️⃣ Target 2: $6.10

3️⃣ Target 3: $6.50

🔻 Stop Loss: $5.25

📈 Analysis:

1. Trend Strength: Bullish with increased trading volume.

2. SAR Indicator: Bullish as price trades above SAR ($5.633).

3. Momentum: A 15.44% depth gain and upward movement show growing buyer confidence.

4. Next Resistance: $5.80, followed by $6.10 and $6.50 if momentum continues.

🔔 Conclusion:

EIGEN/USDT is a strong candidate for a short-term long trade, with potential to achieve 3 targets as bullish momentum intensifies. Keep an eye on volume and SAR for confirmation.

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