EIGEN just crashed 17% in a week and hit RSI 29.5 — the relief bounce setup is textbook and I'm loading up.
$EIGEN $0.2166 Long TP $0.2240 SL $0.2125
RSI at 29.5 is deep oversold with a double hammer rejection at $0.2118 support, strong buying volume absorbing every dip below $0.2140.
Price bounced off support twice with long lower wicks and reclaimed MA7 at $0.2149 — momentum is flipping and shorts are getting squeezed.
DYOR
$EIGEN $0.2166 Long TP $0.2240 SL $0.2125
RSI at 29.5 is deep oversold with a double hammer rejection at $0.2118 support, strong buying volume absorbing every dip below $0.2140.
Price bounced off support twice with long lower wicks and reclaimed MA7 at $0.2149 — momentum is flipping and shorts are getting squeezed.
DYOR