$EIGEN ‼️‼️
TRADING SIGNAL‼️‼️
Only For Spot traders..
$EIGEN Trade Alert 🚀
Current Price: $5.368 (+2.66%)
Support: $5.200 | Resistance: $5.400
Market Outlook:
$EIGEN is rebounding strongly off its support at $5.350, following a recent test of resistance at $5.390.
The RSI at 70.25 reflects neutral momentum, leaving plenty of room for a bullish continuation. Additionally, early recovery signals from the MACD align with improving sentiment.
Trade Setup 🎯
Entry: $5.350
Stop Loss: $5.300
Targets:
TP1: $5.450 (Short-term gain)
TP2: $5.550 (Momentum building)
TP3: $5.600 (Retest of resistance)
Why This Setup?
If EIGEN sustains above support, a retest of its recent high at $5.390 is likely. The tight trading range and recovering indicators signal breakout potential. Watch price action and volume closely for confirmation—momentum is brewing.
Upside in Sight. Eyes on the move. 📈