$EIGEN /USDT Short Setup: Bearish BOS After Liquidity Sweep
EIGEN/USDT is showing a clean bearish structure on the daily chart after sweeping higher into the 0.239 area and then printing a sharp rejection, which signals a classic liquidity grab before downside continuation. Price is now trading near 0.165, down around 1.20%, and sitting just above the 24h low of 0.161 while volume remains active at 14.50M EIGEN, confirming participation on the sell side. The market has already broken structure to the downside, and the latest weak pullback suggests sellers are still in control unless bulls reclaim key supply. Short Entry: 0.165–0.169 on a weak retracement, Stop Loss: 0.172, Take Profit: 0.161, TP2: 0.155, TP3: 0.148. As long as price stays below the failed recovery zone, this looks like a bearish continuation leg with lower-high formation, supply pressure, and momentum favoring shorts. Watch for rejection candles on pullback and follow for more clean SMC setups.
