Guys $EIGEN is showing a clean breakdown structure here š
Entry: 0.2672 - 0.2682
šÆ TP1: 0.2671
šÆ TP2: 0.2620
Price remains trapped below moving averages with a solid bearish candle closing near local support.
Long positioning is overcrowded at nearly 65%, leaving room for a potential squeeze lower.
Looking for a clean breach of 0.2671 to unlock further downside.
Let's track it š
Entry: 0.2672 - 0.2682
šÆ TP1: 0.2671
šÆ TP2: 0.2620
Price remains trapped below moving averages with a solid bearish candle closing near local support.
Long positioning is overcrowded at nearly 65%, leaving room for a potential squeeze lower.
Looking for a clean breach of 0.2671 to unlock further downside.
Let's track it š