🚀 Long Signal Alert: $EIGEN 🚀

💡 Current Price: $4.276 (-10.95%)

After a sharp decline, EIGEN is showing signs of stabilization near the $4.12 support level. This zone could act as a launchpad for a potential rebound, offering a favorable long setup. Let’s explore the trade plan 👇

📊 Key Levels to Watch:

🔹 Support: $4.12 (Strong), $4.00 (Critical Zone)

🔹 Resistance: $4.35 (Immediate), $4.50 (Key Zone), $4.60 (Target for Bulls)

🔼 Long Signal Setup:

Entry Zone: $4.25-$4.30

Target 1: $4.40

Target 2: $4.50

Stop Loss: $4.10

📈 Why Long?

The price is consolidating after finding support at $4.12, which aligns with a key demand zone.

Momentum indicators suggest a potential reversal if the price can break above $4.35 resistance.

Increased volume in the recovery phase indicates renewed interest from buyers.

⚠️ Risk Management Tips:

🔒 Use a tight stop-loss below $4.10 to minimize downside risk.

📉 Secure partial profits at $4.40 and let the rest ride to $4.50 if bullish momentum continues.

👀 Watch for a breakout above $4.35 to confirm the upward trend.

💬 Will EIGEN bounce back to test $4.50? What’s your strategy for this trade? Share below!

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