$EIGEN has delivered an impressive breakout from its $0.21 - $0.22 bottom straight to $0.2768, backed by a massive surge in buy volume on the 4H chart.
While the 15m structure remains bullish, the slope of this impulse is steep ➔ The best approach is to patiently wait for a deeper pullback into key support aligned with the trendline before opening a position.
📊 Trade Setup
– Entry Zone: $0.245 - $0.250
– Stop Loss: $0.233
– Targets: $0.281 | $0.300+
💡 Patience is key!
While the 15m structure remains bullish, the slope of this impulse is steep ➔ The best approach is to patiently wait for a deeper pullback into key support aligned with the trendline before opening a position.
📊 Trade Setup
– Entry Zone: $0.245 - $0.250
– Stop Loss: $0.233
– Targets: $0.281 | $0.300+
💡 Patience is key!