Eigen USDT Technical Analysis: Is $3.757 a Key Level?
At $3.757, Eigen USDT is approaching a pivotal point. Currently hovering near **support at $3.70**, the token shows signs of consolidation. This support zone has held in recent sessions, but a break below could lead to a retest of **$3.50**, signaling bearish momentum. Conversely, if Eigen can break the **resistance at $3.80**, it opens up the potential to test the next key resistance at **$4.00**, paving the way for bullish action.For traders, this offers an intriguing **entry strategy**. Consider entering near the **$3.70 support** with a tight stop-loss just below to limit downside risk. Alternatively, a breakout above $3.80, confirmed by higher volume, could signal a strong upward move, providing a solid entry point for momentum traders.With **neutral RSI levels** and **volume on the rise**, the market is poised for a move. Keep an eye on price action and set your alertsâopportunity is brewing at this critical level!
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