$EIGEN ALERT – Momentum Building!
$EIGEN is currently trading at $3.035, down by 3.74%, after reaching a 24-hour high of $3.369 and a low of $2.892. The price is consolidating, indicating potential for a significant breakout or breakdown.
💡 Trade Signal
📈 Long Trade Setup:
Entry: $3.100
Take Profit Targets: $3.250, $3.350, $3.450
Stop Loss: $2.950
📉 Short Trade Setup:
Entry: $2.950
Take Profit Targets: $2.800, $2.700, $2.600
Stop Loss: $3.100
Key Levels to Monitor:
Resistance: $3.369 – Breaking this level could propel the price higher.
Support: $2.892 – Losing this support could lead to further declines.
EIGEN is at a critical decision point, with heightened volatility expected. Prepare for quick market movements, and ensure proper risk management for your trades.
💬 Are you taking the long or short route on EIGEN? Let’s discuss below!
