Saw this
$EIGEN setup from Eliz and Iโm honestly looking at it the same way.
Price already reacted nicely from the demand zone, but after a move like that, chasing here just feels bad R:R.
The cleaner play for me would be:
โ pullback into the highlighted zone
โ maybe a quick liquidity sweep / fake breakdown
โ strong reclaim with volume confirmation
Thatโs where the long becomes interesting again.
Right now itโs more about patience than forcing entries.
If the setup confirms, Iโd expect a quick scalp back toward local highs.
Until thenโฆ just watching the reaction closely.
$EIGEN #EIGEN #EigenCloud