$EIGEN $EIGEN

EIGEN/USDT: A New Infrastructure Token Facing Challenges

🏗️ The EIGEN/USDT pair is experiencing a slight decline. This new infrastructure token has dipped by 0.66% in the last 24 hours.

What's contributing to this downward pressure?

* Bearish Momentum: The price has been consolidating below the $3.00 level, indicating a potential bearish trend.

* Weak Support: The recent low of $2.970 has been tested multiple times, suggesting it may not hold as strong support.

Should you hold or consider selling?

* Potential Exit: A break below the $2.970 level could signal a stronger downtrend.

* Risk Management: If you're holding, consider setting a stop-loss to protect your investment.

Disclaimer: This is not financial advice. Do your own research before investing in any cryptocurrency.

What's your take? Do you think EIGEN/USDT will recover, or is this the start of a longer-term downtrend? Share your thoughts in the comments!

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