$EIGEN /USDT - Oversold Opportunity
Entry Point: $3.35 - $3.40
Target 1 (TP1): $3.55
Target 2 (TP2): $3.70
Stop Loss (SL): $3.30
Analysis: $EIGEN /USDT is testing key support levels after a steep drop. An upward rebound is likely as buyers step in near $3.35. Breaking above $3.40 could push the price towards resistance zones.
Risk Management: Use a tight SL to limit downside risks. Book partial profits at TP1 and trail your SL for TP2 gains.
Strategy: Ideal for quick recovery trades. Monitor the 30-minute chart for bullish candlestick patterns and increasing volume.