$EIGEN /USDT Trading Signal - Bullish Continuation Potential
Bullish Scenario:
Entry Zone: $3.630 - $3.650
Target 1: $3.700
Target 2: $3.750
Stop Loss: $3.590
Market Observation:
EIGEN/USDT is forming a bullish trendline with a breakout attempt above $3.650. If the price sustains this momentum, further upward movement toward $3.700 and $3.750 is likely. Ensure confirmation with strong buying pressure.
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Bearish Scenario: (If the trendline fails)
Entry Zone: $3.640 - $3.620 (Short Position)
Target 1: $3.600
Target 2: $3.550
Stop Loss: $3.670
Market Observation:
If $3.650 acts as resistance and the price fails to hold the trendline, a reversal could occur targeting $3.600 and $3.550. Tight risk management with a stop-loss above $3.670 is advised.