$EIGEN is showing strength. I’m watching for another leg up.
$EIGEN is trading around $0.2675, up nearly 6%, and has moved back above both the 20 EMA and 50 EMA on the 4H chart. Buying volume is picking up, and price is testing the upper end of its recent range.
I’m looking at a long setup here, with a breakout above resistance as the key confirmation.
EIGEN/USDT Long Setup
Entry: $0.264–$0.269
Target 1: $0.281
Target 2: $0.285
Target 3: $0.290
Stop-loss: $0.252
The main level to watch is $0.281–$0.286. A clean breakout with strong volume could open the way toward $0.290. If price gets rejected and falls back below the EMAs, I’d be more cautious about the setup.
The idea is based on the current 4H chart structure, not a guaranteed move. Since EIGEN can be volatile, keep position size under control, especially with leverage.
@CryptoNewsHQ
$EIGEN is trading around $0.2675, up nearly 6%, and has moved back above both the 20 EMA and 50 EMA on the 4H chart. Buying volume is picking up, and price is testing the upper end of its recent range.
I’m looking at a long setup here, with a breakout above resistance as the key confirmation.
EIGEN/USDT Long Setup
Entry: $0.264–$0.269
Target 1: $0.281
Target 2: $0.285
Target 3: $0.290
Stop-loss: $0.252
The main level to watch is $0.281–$0.286. A clean breakout with strong volume could open the way toward $0.290. If price gets rejected and falls back below the EMAs, I’d be more cautious about the setup.
The idea is based on the current 4H chart structure, not a guaranteed move. Since EIGEN can be volatile, keep position size under control, especially with leverage.
@CryptoNewsHQ