🚨 $EIGEN /USDT Analysis – A Critical Junction for Traders! 🚨

The $EIGEN /USDT 30-minute chart is signaling an intriguing setup with recent price action hovering around the $3.12 mark after a significant upward move. The asset has seen a rapid surge but is now facing a potential consolidation phase.

💡 Entry Points to Consider:

• Long Entry: If EIGEN breaks above $3.20 with strong volume, consider entering a long position targeting $3.28, with potential for $3.35 as the next profit level.

• Short Entry: A failure to hold above $3.10 could signal weakness. A short position can be taken at $3.08, targeting $2.95, with an extension towards $2.85 for deeper corrections.

📉 Stop-Loss Levels:

• For Longs: Place a stop-loss at $3.05 to protect against downside risks.

• For Shorts: Set a stop-loss at $3.18 to avoid a reversal squeeze.

🔔 Note: This is a high-volatility zone. Be cautious with tight risk management as $EIGEN could swing sharply in either direction.

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