$EIGEN Long Liquidation Alert!
A massive $9.63K in long positions just got liquidated at $1.70964! This signals heavy selling pressure, with bulls struggling to hold support.
What’s Next?
This liquidation shows buyers are weak, and sellers are in control.
If $EIGEN fails to reclaim $1.72, we could see a drop to $1.65 or lower.
Bulls need strong volume to fight back—otherwise, more liquidations could follow.
Key Levels to Watch:
Support: $1.68, $1.65
Resistance: $1.72, $1.78
If price struggles to bounce, shorting the breakdown could be profitable. But if bulls defend key levels, a recovery rally may come. Stay alert!
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EIGEN
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