$EIGEN
EIGEN/USDT Technical Analysis: Key Levels to Watch
EIGEN is currently trading at $3.7814, and the price action is showing signs of a key decision zone. Bulls and bears are battling for control, and the next move could be decisive.
Support: Immediate support lies around $3.7000. A break below this level could push the price toward the $3.5000 zone, signaling further downside.
Resistance: On the upside, the first hurdle is at $3.8500, with a stronger barrier near $4.0000, a psychological level that could attract sellers.
Trading Strategy:
Long Opportunity: Look for a bounce from $3.7000 with targets at $3.8500 and $4.0000. Confirmation of strong buy volume is key.
Short Opportunity: If $3.7000 fails to hold, consider shorting with targets at $3.5000.
Keep an eye on volume spikes and candlestick patterns for entry confirmation. Will bulls defend $3.7000, or will sellers drag EIGEN lower? Stay sharp—EIGEN is on the verge of its next big move!
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