EIGEN Bulls Are Back — Is $0.30 Next?
$EIGEN is pushing higher, up around 12% in 24 hours, with price trading near $0.277. Buyers have momentum, but the real test is whether they can break resistance instead of getting trapped by a quick rejection. citeturn120508search0
LONG SETUP
Entry: $0.273–$0.278
Breakout confirmation: Above $0.282
TP1: $0.285
TP2: $0.292
TP3: $0.300
Stop Loss: $0.269
Bullish scenario: If buyers defend the entry zone and break $0.282 with strong volume, the next targets could come into play.
Bearish warning: A rejection near $0.282 or a loss of $0.269 weakens this setup. Don’t force the trade if momentum fades.
One more thing to watch: a token unlock is listed for October 31, so supply pressure could become relevant as the date approaches. citeturn120508search3
I’m watching the breakout, not chasing the candle. Can EIGEN reclaim $0.282 and make a run toward $0.30?
What’s your move — LONG or WAIT FOR CONFIRMATION?
$EIGEN is pushing higher, up around 12% in 24 hours, with price trading near $0.277. Buyers have momentum, but the real test is whether they can break resistance instead of getting trapped by a quick rejection. citeturn120508search0
LONG SETUP
Entry: $0.273–$0.278
Breakout confirmation: Above $0.282
TP1: $0.285
TP2: $0.292
TP3: $0.300
Stop Loss: $0.269
Bullish scenario: If buyers defend the entry zone and break $0.282 with strong volume, the next targets could come into play.
Bearish warning: A rejection near $0.282 or a loss of $0.269 weakens this setup. Don’t force the trade if momentum fades.
One more thing to watch: a token unlock is listed for October 31, so supply pressure could become relevant as the date approaches. citeturn120508search3
I’m watching the breakout, not chasing the candle. Can EIGEN reclaim $0.282 and make a run toward $0.30?
What’s your move — LONG or WAIT FOR CONFIRMATION?