Technical Analysis of $EIGEN

/USDT

Current Price: $5.03

Price Trend: Bullish (+9.32% in the last 24 hours)

Support & Resistance:

Support: $4.48

Resistance: $5.075

Pivot: $5.03 (current price level)

Momentum:

Momentum: Strong bullish trend with recent positive movement. Market sentiment is bullish, and with significant trading volume (32.12M USDT), upward momentum is likely to continue.

Trade Signal & Target Levels:

Buy Signal: Above $5.03, with confirmation from a break of $5.075 resistance.

Target Levels:

T1 (First Target): $5.10

T2 (Second Target): $5.25

T3 (Third Target): $5.50

Stop-Loss:

Stop-Loss Level: $4.48 (below support)

Summary: EIGEN/USDT is in a bullish trend. A breakout above $5.075 could lead to targets at $5.10, $5.25, and $5.50. Use $4.48 as a stop-loss to manage downside risk.

#MicroStrategyJoinsNasdaq100 #BinanceLaunchpoolVANA #BTCReclaims101K #USUALSpotLaunch