Think this move is already over? The chart might be saying something different.
$EIGEN Long Trade Setup
EIGEN is showing a strong bullish reversal from support on the 4H timeframe. Buyers have returned with confidence, and the breakout candle shows momentum is picking up. If price stays above the current resistance, there could be more room to move higher.
Entry: $0.214 to $0.217
TP1: $0.225
TP2: $0.235
TP3: $0.248
Stop Loss: $0.205
This breakout suggests buyers are taking back control after a long correction. As long as the price holds above the breakout area, the next resistance levels could come into play. Always manage your risk carefully, especially if you're trading with leverage.
#EIGEN
$EIGEN Long Trade Setup
EIGEN is showing a strong bullish reversal from support on the 4H timeframe. Buyers have returned with confidence, and the breakout candle shows momentum is picking up. If price stays above the current resistance, there could be more room to move higher.
Entry: $0.214 to $0.217
TP1: $0.225
TP2: $0.235
TP3: $0.248
Stop Loss: $0.205
This breakout suggests buyers are taking back control after a long correction. As long as the price holds above the breakout area, the next resistance levels could come into play. Always manage your risk carefully, especially if you're trading with leverage.
#EIGEN