$EIGEN /USDT BULLS IN CONTROL — MOMENTUM SIGNALS A CONTINUATION MOVE 🚀
Market Next Move (Immediate Explanation):
$EIGEN /USDT has shown strong bullish momentum with a sharp +10% move, breaking above its recent consolidation range. Price is holding above key short-term support zones, indicating active buying interest. Volume expansion supports the breakout, suggesting bulls are aiming for higher resistance levels unless price falls back below the breakout zone.
📊 Trade Setup
Position: Long (Bullish Bias)
Entry Zone: 0.445 – 0.452
Targets (TP):
🎯 TP1: 0.462
🎯 TP2: 0.485
🎯 TP3: 0.515
Stop Loss (SL): 0.416
(Below strong support to manage risk)
🔍 Technical Levels to Watch
Immediate Support: 0.431 – 0.416
Major Support: 0.401 – 0.389
Immediate Resistance: 0.462
Next Resistance: 0.485 – 0.515
🌐 Short Market Outlook
Overall market sentiment remains positive, especially in infrastructure and utility-based tokens. If the broader market stays stable, EIGEN/USDT is likely to continue its upward trajectory. A breakdown below 0.416 would weaken the bullish structure and delay upside momentum.
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