📊 $EIGEN ALERT – Consolidation Zone, Prepare for Action! 📊

$EIGEN /USDT on the 4-hour chart is showing signs of stabilizing after a significant drop, entering a consolidation phase. Here’s the potential setup:

Current Price: 2.907 USDT

📈 Long Position:

Entry: Above 3.000 USDT

Take Profit (TP): 3.200 USDT

Stop Loss (SL): 2.850 USDT

🚀 A breakout above 3.000 USDT could push EIGEN higher, with bulls aiming for 3.200 USDT as buying pressure builds.

📉 Short Position:

Entry: Below 2.850 USDT

Take Profit (TP): 2.700 USDT

Stop Loss (SL): 2.950 USDT

🔻 A breakdown below 2.850 USDT might open up a path towards 2.700 USDT, favoring bearish momentum.

Watch for a clear move out of this consolidation range before jumping in. Manage your risk and stay alert!

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