$EIGEN $EIGEN $EIGEN
EIGEN/USDT Analysis: A Bearish Pullback
The EIGEN/USDT pair is currently experiencing a bearish pullback. The price has dipped by 3.23% to $3.174. Immediate support lies at $3.108, while the next resistance level is at $3.211.
Entry Strategy:
* Aggressive: Sell near the current price, setting a stop-loss above $3.211.
* Conservative: Wait for a further dip towards the $3.108 support level before considering a short position.
Overall Outlook:
While the short-term trend appears bearish, it's crucial to monitor the market for potential reversals. A break below the $3.108 support could intensify the downward momentum.
Disclaimer: This is not financial advice. Please conduct your own research before making any investment decisions.
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