$EIGEN Technical Analysis:

EIGEN is currently facing significant downward pressure, with a key support zone around $4.90 to $4.95, where buyers may step in to prevent further declines. If this support fails, the next major level to watch is $4.80, where further bearish momentum could unfold. On the upside, resistance is seen around $5.10 and $5.20, levels that need to be broken for a bullish continuation. Range traders might consider shorting near $5.10 with a stop-loss above $5.20, targeting the support zone at $4.90. For breakout traders, a sustained move above $5.20 could signal a shift toward bullish momentum, while a break below $4.90 may lead to further declines. Stay alert for price action around these levels#USUALTradingOpen #MarketPullback #BinanceAlphaTop5

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