$EIGEN

Currently, EIGEN/USDT is priced around £2.89 - £2.90, showing a relatively stable trend following a nearly 16% decline over the past week. The price remains slightly volatile, with technical indicators suggesting a neutral outlook. Oscillators and moving averages mainly signal a neutral stance, indicating some trader uncertainty about the next directional move.

The strong support level is around £2.85, while major resistance is found between £3.10 - £3.15. If the price breaks above £3.15, it could signal a bullish trend with a potential target in the £3.5 range or higher. Conversely, if the price falls below the support level, it might indicate further downward movement, possibly towards £2.7 or lower if market sentiment weakens.

Whether to buy or sell depends on your risk tolerance and strategy. For long-term investors, waiting until the price breaks out of the current consolidation zone may be wise. For day or weekly traders, watching these support and resistance levels could help identify the best opportunities.