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$EIGEN /USDT SMART MONEY REVERSAL SETUP — SUPPLY ZONE UNDER PRESSURE ⚠️
$EIGEN /USDT is showing signs of a potential bearish reaction after failing to break above the $0.2248 resistance zone. The 1H structure indicates a possible liquidity sweep above recent highs, followed by rejection from the supply area. If sellers maintain control and price loses the $0.2110 support, a deeper pullback toward lower demand zones can develop. Traders should watch for confirmation candles before entering.
📌 EIGEN/USDT SHORT SETUP:
🔴 Entry Zone: $0.2140 – $0.2190
🛑 Stop Loss: $0.2265
🎯 TP1: $0.2045
🎯 TP2: $0.1970
🎯 TP3: $0.1915
Technical Logic:
⚡ Liquidity Sweep: Recent move into $0.2248 trapped late buyers near resistance.
📉 Supply Rejection: Sellers are defending the upper range with strong resistance.
🔥 BOS Confirmation: Breakdown below $0.2110 can confirm bearish structure shift.
💎 Key Zone: Failure to reclaim $0.2190 keeps downside pressure active.
Trade with confirmation, respect stop loss, and avoid chasing moves. Follow for more professional Binance technical setups and smart-money analysis.
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