$EIGEN $EIGEN

The $EIGEN /USDT pair on the Binance platform:

Professional Analysis

Support and Resistance Levels:

- **Support Levels:**

- $2.778 (24-hour low)

- $2.600 (another indicated support level on the chart)

- **Resistance Levels:**

- $2.963 (24-hour high)

- $3.533 (another indicated resistance level on the chart)

#### Entry Signal:

- **Entry Point:** A potential entry point could be around $2.950, as the price is currently at this level and showing a positive trend (\u002B4.28%).

#### Stop Loss and Take Profit Levels:

- **Stop Loss:** Set a stop loss slightly below the support level at $2.778, for example, at $2.750.

- **Take Profit:** Set a take profit level slightly below the resistance level at $2.963, for example, at $2.950, or aim for the next resistance level at $3.533 for a higher risk-reward ratio.

### Brief Description

The chart is for the EIGEN/USDT pair on Binance, featuring various technical indicators and current market data. It shows support and resistance levels, moving averages (MA(7) at $2.869, MA(25) at $2.849, and MA(99) at $3.269), and volume data with 24-hour high and low prices. The current price is $2.950 with strong volume support.

This breakdown should help you make informed trading decisions. 📈

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