The $EIGEN /USDT pair has displayed a sharp rejection from the recent high of 3.964, pulling back to its current level of 3.669.
Despite this, the pair shows a solid support zone around 3.618, with a prior low at 3.348, suggesting strong buyer interest at lower levels. On the upside, a breakout above 3.769 could pave the way for a retest of 3.964, possibly setting up for higher targets if momentum strengthens. However, failure to hold above the 3.618 support could lead to further downside, with 3.543 being the next critical level to watch. Traders should stay cautious, as this zone indicates heightened volatility and a potential breakout opportunity for both bulls and bears. Ensure stop-losses are tight to minimize risks while targeting profits strategically.
EIGEN
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