$EIGEN /USDT is currently trading at 0.501 and the 24h change –7.39% has again put pressure on the price. Sentiment seems bearish because the candle structure is weak and the price is sustaining below MA(7), MA(25), and MA(99) — sellers' control is obvious. Immediate support at the 0.498–0.495 zone holds strong importance where buyers have reacted before. Resistance at 0.505–0.512 has become a tough barrier, and only above this level can we see a slight relief rally in the trend. A short-term target will only be possible if the price holds support and attempts a breakout near 0.518 — otherwise, sideways to bearish momentum may continue.

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