$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 🎯
#EIGEN #CryptoSignals #BinanceSquareFamily #TradingSetup #CryptoMarket