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Technical Analysis: $EIGEN 💯🤑💰🔥🔥🔥

/USDT – Bullish Momentum with Key Targets 🎯

As EIGEN/USDT continues to show bullish momentum, the pair has recently surged to $3.55, reflecting a +5.39% increase. The upward trend appears strong, with several key price levels to watch for potential targets.

🔑 Key Support and Resistance Levels:

1. Target 1 (Resistance): $3.70

The 24-hour high marks a key resistance level, with a break above this price indicating further bullish potential. Watch for sustained movements above this level to signal the next leg up.

2. Target 2 (Support): $3.45

This level is holding as a short-term support. If the price pulls back, the $3.45 region could act as a strong base to push the price higher. A bounce from this level would indicate continued bullish sentiment.

3. Target 3 (Breakout Zone): $3.80

If the market maintains its bullish strength, the $3.80 level could be the next breakout zone. A successful breakout could propel the price towards $4.00 in the coming sessions.

💡 Market Sentiment: With the current price action showing positive growth, traders should monitor the $3.45 support and $3.70 resistance levels closely. A clear breakout above $3.70 could signal further upside potential, making $3.80 the next key target to watch.

Stay updated with the latest trends and keep your trading strategy aligned with the market's movements!