$EIGEN Short Setup .... Rejection Could Trigger a Pullback
The price made a strong push toward the $0.1850–$0.1880 resistance zone, but momentum is now slowing with several candles struggling to move higher. A rejection here could open the way for a short-term correction.
Entry: 0.1835–0.1850
TP1: 0.1810
TP2: 0.1775
TP3: 0.1725
SL: 0.1895
Watch the $0.1850 area closely. If buyers fail to reclaim it, the downside setup becomes more attractive.
Trade $EIGEN
The price made a strong push toward the $0.1850–$0.1880 resistance zone, but momentum is now slowing with several candles struggling to move higher. A rejection here could open the way for a short-term correction.
Entry: 0.1835–0.1850
TP1: 0.1810
TP2: 0.1775
TP3: 0.1725
SL: 0.1895
Watch the $0.1850 area closely. If buyers fail to reclaim it, the downside setup becomes more attractive.
Trade $EIGEN