Can $EIGEN hold $0.2597, or is this 9.5% pop about to fade?
4h is up 8.7%, price is above the 20d and 50d MAs, and RSI is already 70. Strong tape. ⚡
But volume is only 0.7x its 20d average, while longs are paying 0.005% funding. $EIGEN is 74% up its 30d range and just 9% below the high. I’d wait for a clean hold above $0.26 before getting interested, especially with $BNB pulling liquidity. 👀
Would you enter here or wait for a retest?
#EIGEN #Crypto
4h is up 8.7%, price is above the 20d and 50d MAs, and RSI is already 70. Strong tape. ⚡
But volume is only 0.7x its 20d average, while longs are paying 0.005% funding. $EIGEN is 74% up its 30d range and just 9% below the high. I’d wait for a clean hold above $0.26 before getting interested, especially with $BNB pulling liquidity. 👀
Would you enter here or wait for a retest?
#EIGEN #Crypto