$EIGEN $EIGEN $EIGEN /USDT Analysis (4H Timeframe) 🚀 🚀 🚀
Current Price: $0.852
Trend: ⚠️ Downtrend slowing down — but signs of bullish reversal!
Technical Breakdown 🔍
📉 Falling Wedge spotted (a bullish reversal pattern)
✨ Breakout seen around $0.84, now trying to hold above
📊 Volume is rising — buyers are stepping in
📈 Resistance Levels:
⚔️ $0.88 – minor barrier
⚔️ $0.94 – stronger zone
⚔️ $1.01, $1.10, and $1.17 – key targets
Support Zones (Smart Entry Plan)
✅ Buy Zone 1: $0.82 – $0.84
➡️ 40% Entry – Breakout retest zone, great risk/reward
✅ Buy Zone 2: $0.78 – $0.80
➡️ 30% Entry – Previous demand area, good defense
✅ Buy Zone 3 (Deep Pullback): $0.74 – $0.76
➡️ 30% Entry – Liquidity grab zone, big potential bounce
Profit Targets (TP Zones) 🎯
🎯 TP1: $0.88
🎯 TP2: $0.94
🎯 TP3: $1.01
🎯 TP4: $1.10
💣 Stop-Loss: Below $0.65 (important for risk control)
Fundamental Analysis 🧠
🔗 Project Type: Likely linked with EigenLayer (restaking on Ethereum)
🚀 Narrative: Fits 2024–25 hot themes: Restaking, L2 scaling, ETH DeFi
⚡ Community Buzz: Growing hype, especially after airdrop waves
📉 Risks: Token unlocks or sell pressure – watch for announcements
✅ Catalysts:
Airdrop Part 2
Big CEX listings
ETH or L2 updates
#eigen #Eigenlayer #BTCNextATH #BinanceAlphaAlert #CircleIPO