🚨 $EIGEN 4H STRUCTURE COLLAPSE – SHORTING BELOW EMA50 📉
Entry: 0.2014 ⚡
Target 1: 0.1977 🚀
Target 2: 0.194 🚀
Target 3: 0.1903 🚀
Stop Loss: 0.2088 ⚠️
📉 The bearish frame is tightening — $EIGEN has failed to reclaim the 4H EMA50 twice, and each rejection printed a lower high. RSI is rolling over from 48 with no divergence support, while EMA12/26 are on the verge of a death cross. 💡 The low‑timeframe order flow shows aggressive sell‑side absorption at 0.2014, making this a textbook supply‑zone retest.
📊 A clean liquidity sweep below 0.1977 would open the path toward the 0.1903 swing low. The broader trend is aligned, but caution is warranted — move SL to breakeven once TP1 is hit. 💬 Are you riding this structural breakdown or waiting for a deeper retest before pulling the trigger? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #EIGEN #ShortSetup #Bearish #Crypto #TechnicalAnalysis
🐻 📉
Entry: 0.2014 ⚡
Target 1: 0.1977 🚀
Target 2: 0.194 🚀
Target 3: 0.1903 🚀
Stop Loss: 0.2088 ⚠️
📉 The bearish frame is tightening — $EIGEN has failed to reclaim the 4H EMA50 twice, and each rejection printed a lower high. RSI is rolling over from 48 with no divergence support, while EMA12/26 are on the verge of a death cross. 💡 The low‑timeframe order flow shows aggressive sell‑side absorption at 0.2014, making this a textbook supply‑zone retest.
📊 A clean liquidity sweep below 0.1977 would open the path toward the 0.1903 swing low. The broader trend is aligned, but caution is warranted — move SL to breakeven once TP1 is hit. 💬 Are you riding this structural breakdown or waiting for a deeper retest before pulling the trigger? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #EIGEN #ShortSetup #Bearish #Crypto #TechnicalAnalysis
🐻 📉