$EIGEN has established a highly constructive recovery path on the 1-hour chart, currently locking in a 12.87% gain over the past 24 hours. After solidifying its positions near the daily low of 0.1884, steady buying volume entered the market, initiating a clean upward trend to test a 24-hour high of 0.2291. Currently trading at 0.2274, the asset is consolidating tightly right below its immediate overhead resistance with strong structural support maintaining the higher low pattern. A decisive breakout past the local peak could accelerate the bullish momentum and spark a fresh rally toward higher targets.

Target 1: 0.2450

Target 2: 0.2680

Target 3: 0.2900

#EIGEN #EigenLayer #CryptoAnalysis

EIGEN

0.2213

+1.09%