$EIGEN is -15% on the week, but the selling is slowing 🟣

EigenLayer's lows keep stepping down (0.196, 0.195, 0.192), but each drop is smaller. Price just poked above the downtrend line and is testing the 4H EMA20 at 0.200.

🟢 Low zone: 0.192-0.196
🔴 Lid: 0.2025-0.2053
🔴 EMA50 zone: 0.212-0.216

The restaking leader needs a 4H close above 0.2053 before calling a bottom. Until then, it's still a downtrend with early signs of fatigue.

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Accumulation zone or more downside? 👇

#EigenLayer #Altcoins #FOMCWatch
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