Technical analysis for the top new listings:
1. $EIGEN (Eigen)
• Last Price: $4.032
• 24h Change: -0.57%
• Analysis: Eigen is relatively stable, showing minimal movement with a 0.57% decline. This suggests the price is consolidating. Watch for a potential breakout, with the $4.00 level acting as immediate support. If it holds above this level, it could see further accumulation. A breakout above $4.10 might signal bullish momentum, while dropping below $4.00 could lead to further downside
2. $HMSTR (Hamster)
• Last Price: $0.004669
• 24h Change: -13.59%
• Analysis: Hamster is showing significant bearish movement with a 13.59% drop. The price might be testing a lower support zone near $0.0045. If selling pressure continues, the next key level could be around $0.0040. On the upside, recovery resistance could be at $0.0050. Watch for volume spikes as they may indicate a possible reversal from oversold conditions
3. $CATI (Cati)
• Last Price: $0.4706
• 24h Change: -15.07%
• Analysis: Cati is experiencing a steep decline of over 15%. The price is nearing a critical support level around $0.46. If it breaks this level, the next support may be around $0.44. A rebound could push the price back toward $0.50, but caution is advised due to strong bearish sentiment.
All three new listings are in a correction phase, and it’s important to monitor volume and key support/resistance levels to gauge any potential price movements
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