$EIGEN

/USDT Trade Signal

After a prolonged bearish trend, a bullish breakout signals potential upward momentum.

Spot Entry: $4.69

Futures Long Entry: $4.70

Targets: $4.80, $4.90, $5.00

Stop Loss: $4.50

Analysis:

The breakout above the consolidation zone indicates increased buying interest.

Sustained movement above $4.70 could confirm the bullish bias, with targets ranging from $4.80 to $5.00.

A drop below $4.50 invalidates this setup, so risk management is crucial amid heightened volatility.

Current Price: $4.637 (-1.61%)

Stay cautious and monitor market dynamics closely.

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