🔥 $EIGEN /USDT – BEARS DOMINATING! Can Bulls Trigger a Powerful Reversal?
$EIGEN is trading at $0.1683 (-3.72%) on the 1H timeframe, facing sustained selling pressure after dropping from the $0.1938 swing high. The chart continues to show lower highs and lower lows, but buyers are attempting to defend the immediate support around $0.1681. A bullish reclaim of $0.1691 could trigger a short-term BOS and open the door toward TP1: $0.1720, TP2: $0.1757 and TP3: $0.1764. Potential Long Entry: $0.1692–$0.1700 after breakout confirmation and a successful retest, with Stop Loss: $0.1670. However, a breakdown below $0.1681 could expose the next major support at $0.1641, followed by $0.1626. With 2.94M EIGEN traded in 24 hours ($503.95K USDT), volume confirmation will be crucial. Watch the $0.1691 breakout closely – the next move could determine whether bulls regain control or sellers extend the downtrend! #EIGEN #EIGENUSDT #BinanceTrading #CryptoSignals #SmartMoneyConcepts
#eigen
$EIGEN is trading at $0.1683 (-3.72%) on the 1H timeframe, facing sustained selling pressure after dropping from the $0.1938 swing high. The chart continues to show lower highs and lower lows, but buyers are attempting to defend the immediate support around $0.1681. A bullish reclaim of $0.1691 could trigger a short-term BOS and open the door toward TP1: $0.1720, TP2: $0.1757 and TP3: $0.1764. Potential Long Entry: $0.1692–$0.1700 after breakout confirmation and a successful retest, with Stop Loss: $0.1670. However, a breakdown below $0.1681 could expose the next major support at $0.1641, followed by $0.1626. With 2.94M EIGEN traded in 24 hours ($503.95K USDT), volume confirmation will be crucial. Watch the $0.1691 breakout closely – the next move could determine whether bulls regain control or sellers extend the downtrend! #EIGEN #EIGENUSDT #BinanceTrading #CryptoSignals #SmartMoneyConcepts
#eigen
