$EIGEN /USDT Showing Strong Momentum – Targets to Watch 🎯

$EIGEN is trading at $4.881 (+7.25%), rebounding sharply from its low of $4.485 and testing resistance near the $5.072 level. With strong volume and bullish momentum, EIGEN presents potential opportunities for traders.

🎯 Key Targets:

Target 1: $5.10 (Resistance Test)

Target 2: $5.25

Target 3: $5.50

📈 Long Trade Setup:

Entry Zone: $4.85 - $4.90

Stop Loss: Below $4.70

Targets: $5.10 / $5.25 / $5.50

✅ Rationale: A breakout above $5.072 could trigger a continuation towards higher resistance levels with increased volume.

📉 Short Trade Setup:

Entry Zone: $5.10 - $5.20

Stop Loss: Above $5.30

Targets: $4.75 / $4.60

⚠️ Rationale: If $EIGEN faces rejection at $5.072, a pullback to lower supports may follow.

Market Overview:

24H High: $5.072

24H Low: $4.485

Trading Volume: 7.01M EIGEN

EIGEN's strong upward momentum and volume increase signal potential breakout conditions. Monitor price action carefully and manage risks with a disciplined stop-loss strategy.

Trade Wisely | Follow the Trend | Secure Your Profits 🎯

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