📉 $EIGEN Short: Entered at $3.667, now at $3.385 Short-ter | RideTheWave on Binance Square

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Bearish

📉 $EIGEN Short: Entered at $3.667, now at $3.385
Short-term setup in play:
- Rejected at $3.677, forming lower highs with weak volume.
- RSI cooling down, MACD signaling bearish momentum ahead.
My plan:
Stop profit at $3.185
Exit trade at $3.48.
Let’s see how it unfolds.
#CryptoTrading  #BearishSetup  

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

EIGEN

3.445

-6.43%

645

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$EIGEN Short Update As predicted in my previous post, the $EIGEN short-term bottom touched $3.675 (and even dipped to $3.636). My auto-exit, however, kicked in at $3.837. In hindsight, $3.675 wasn’t just a good profit target for my short; it was the perfect pivot point to go long (short term). However, seamlessly switching from short to long is tricky, and I’m still working on honing that skill. No regrets—protecting capital always outweighs chasing profits, especially in the crypto world. Safety and strategy first! #CryptoTrading #EigenLayer #ShortTrade #RidkManagement #TradeSmarter

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