🚨Trading Signal Alert for $EIGEN /USDT 🚨
📊 Overview:
EIGEN/USDT has shown a recovery after hitting a low of $3.818, moving up to test resistance near $4.950 before retracing slightly. Current price action suggests a potential consolidation phase or preparation for another breakout.
🔍 Key Levels:
Resistance: $4.910, $4.950
Support: $4.529, $4.147
📈 Signal Details:
Entry Price (Long): Around $4.660
Take-Profit Targets:
1. TP1: $4.850
2. TP2: $4.950
3. TP3: $5.100
Stop Loss: $4.380
⚠️ Cautionary Note: Watch for RSI stability (currently at 37.952), as further weakness could trigger a bearish breakdown below $4.529. Trade with caution, and use stop-loss orders to manage risk.
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