$EIGEN
Faces Further Downside After Rejection Near $0.2850 as Sellers Take Control
Trade Setup: SHORT
Entry Zone: $0.2690 – $0.2720
TP1: $0.2650
TP2: $0.2610
TP3: $0.2550
SL: $0.2780
Market Setup:
EIGEN faced strong rejection near $0.2850 and is now showing bearish momentum with consecutive red candles on the 1-hour chart. A breakdown below $0.2690 could open the door toward lower support levels, while a recovery above resistance may weaken the short setup.
Faces Further Downside After Rejection Near $0.2850 as Sellers Take Control
Trade Setup: SHORT
Entry Zone: $0.2690 – $0.2720
TP1: $0.2650
TP2: $0.2610
TP3: $0.2550
SL: $0.2780
Market Setup:
EIGEN faced strong rejection near $0.2850 and is now showing bearish momentum with consecutive red candles on the 1-hour chart. A breakdown below $0.2690 could open the door toward lower support levels, while a recovery above resistance may weaken the short setup.