๐ $EIGEN /USDT LONG TRADE SIGNAL
๐ฅ Market Overview:
EIGEN is trading around 1.619 after bouncing from the 1.544 low. Price is consolidating above short-term support, and if buyers maintain control, momentum could push toward higher resistance levels.
๐ Key Levels
Support: 1.562 โ 1.580
Resistance: 1.669 โ 1.720 โ 1.758
๐ Trade Setup (LONG Idea)
Entry Zone: 1.605 โ 1.625
Stop Loss: 1.562
Targets:
๐ฏ TP1: 1.669
๐ฏ TP2: 1.720
๐ฏ TP3: 1.758
๐ก Market Outlook
As long as 1.562 support holds, EIGEN has potential to climb back toward 1.72โ1.758. A break below support could shift momentum bearish.
โก Strategy
Enter on dips near 1.605โ1.625.
Take partial profits at each TP.
Move SL to breakeven after TP1.
๐ Risk Management
Risk only 1โ2% per trade.
Maintain R:R above 1:2.