🔥 $EIGEN /USDT Holds Critical Support – Bulls Preparing for a Strong Reversal Move?
$EIGEN is showing a potential recovery setup after defending the lower demand zone, currently trading around $0.2346 with price stabilizing after a rejection from the 24H high of $0.2490. The 1H chart reveals a strong previous breakout from $0.1859, followed by consolidation near the higher range, indicating buyers are still protecting key levels. The immediate battle is between bulls defending $0.2262 support and sellers controlling the $0.2407–$0.2519 resistance zone. With 16.12M EIGEN volume ($3.87M USDT), traders should watch for BOS (Break of Structure), volume confirmation, and liquidity sweep before the next move. Long Setup: Entry Zone $0.2320–$0.2350 | TP1 $0.2490 | TP2 $0.2550+ | SL Below $0.2260. A clean breakout above resistance could unlock further upside, while losing support may bring renewed selling pressure. 📈
#EIGEN #CryptoTrading #BinanceSquare #TechnicalAnalysis
#eigen
$EIGEN is showing a potential recovery setup after defending the lower demand zone, currently trading around $0.2346 with price stabilizing after a rejection from the 24H high of $0.2490. The 1H chart reveals a strong previous breakout from $0.1859, followed by consolidation near the higher range, indicating buyers are still protecting key levels. The immediate battle is between bulls defending $0.2262 support and sellers controlling the $0.2407–$0.2519 resistance zone. With 16.12M EIGEN volume ($3.87M USDT), traders should watch for BOS (Break of Structure), volume confirmation, and liquidity sweep before the next move. Long Setup: Entry Zone $0.2320–$0.2350 | TP1 $0.2490 | TP2 $0.2550+ | SL Below $0.2260. A clean breakout above resistance could unlock further upside, while losing support may bring renewed selling pressure. 📈
#EIGEN #CryptoTrading #BinanceSquare #TechnicalAnalysis
#eigen
