In my opinion, this kind of structure on EIGEN is worth watching closely.
Price spent a long time building a base near the 0.185 region before momentum started accelerating higher.
In simple terms, the market moved from accumulation into expansion.
When a range like that breaks and the market starts printing consecutive higher candles, it usually means buyers have begun absorbing supply from earlier sellers.
That’s why the move quickly pushed into the 0.22 area.
Right now the key question isn’t just the breakout.
It’s whether EIGEN can hold the 0.205–0.208 zone.
If that level holds, the structure could continue developing higher.
EIGEN
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