$EIGEN 📉: Testing Crucial Support !!
$EIGEN is currently trading at $3.679, down 9.81% in the last 24 hours. 😱 After reaching a high of $4.095, it's now facing selling pressure. 😰 This sharp decline could be profit-taking or weak market sentiment.
Key Support Zone: $3.575 🛡️
This level has historically acted as a strong support. If $EIGEN holds above this, we might see a recovery towards $3.800 and $4.000. 🚀
High Volume: 📈 Trading volume is strong at over 8.13M EIGEN, suggesting potential for a rebound.
Downside Risk: ⚠️ If EIGEN breaks below $3.550, further decline towards $3.400 is possible.
Trading Tips:
* Use tight stop-losses below $3.550. 🛑
* Watch for bullish reversal signals. 🟢
