🚨 $EIGEN /USDT ON THE EDGE OF A MAJOR MOVE – WATCH CLOSELY! 🚨

The $EIGEN /USDT chart on the 15-minute timeframe is revealing critical levels that traders need to watch closely. The price is currently consolidating near 2.855 USDT, hinting at an imminent breakout or breakdown from this tight range.

💡 Resistance Zone: 2.880 - 2.890 USDT

This purple-marked resistance area has held back price advances several times. A successful breakout above this zone could fuel a bullish rally, with momentum likely driving prices toward higher targets.

📉 Support Level: 2.840 USDT

This acts as a solid base. A breakdown below this level could signal a bearish move, potentially pulling EIGEN/USDT to lower support levels, increasing downside risk.

📈 Entry Strategy:

• Long Position: Enter above 2.890 USDT with a target of 2.920 USDT. Stop Loss: Set at 2.850 USDT to minimize risk.

• Short Position: If the price breaks below 2.840 USDT, consider entering with a target of 2.810 USDT. Stop Loss: Set at 2.870 USDT.

⚠️ Caution: Volatility may increase around these key levels, so ensure strict risk management.

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