🚨 $EIGEN Liquidation Alert: Big Waves Coming!
🔥 $EIGEN just faced a long liquidation of $9.7925K at $2.84112. This signals a shakeup in the market, with volatility likely on the horizon. Let’s break down the plan for your next move:
What’s Next for $EIGEN?
Buy Zone: $2.75 - $2.85 (wait for confirmation of support before entering).
Stop Loss: Below $2.70 (to protect against deeper corrections).
Targets:
Target 1: $2.95 (immediate resistance and near-term target).
Target 2: $3.10 (potential breakout zone if momentum builds).
Key Insights
1. Support Watch at $2.80: If holds above this level, it’s a potential accumulation zone.
2. Breakout Potential at $2.90: A move above this could ignite bullish momentum, attracting new buyers.
3. Volume Is Key: Monitor trading volume—an increase near $2.80 signals strong interest from buyers.
Don’t rush. Let the market confirm its direction before you act. Use proper position sizing to manage risk effectively.
⚡ $EIGEN might be gearing up for its next big run—are you ready? Stay sharp and trade smart!
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