EIGEN - Box is brokenBINANCE:EIGENUSDT (1h CHART) Technical Analysis Update
EIGEN is currently trading at $3.578 and showing overall bullish sentiment sentiment
Price was trading inside the box for couple days and expecting to breakout from the box soon. There is a good potential for long trade here.
Entry level: Candle close above $3.68
Stop Loss Level: $ Below 3.204
TakeProfit 1: $3.875
TakeProfit 2: $ 4.180
TakeProfit 3: $ 4.592
TakeProfit 4: $ 5.035
TakeProfit 5: $ 5.612
Max Leverage: 5x
Position Size: 1% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
EIGENBTC
EIGENUSDT New ATH!EIGENUSDT Technical Analysis Update
EGENUSDT price has broken a significant resistance zone after a 65-day downtrend. EIGEN is the second-largest Ethereum staking token by TVL (Total Value Locked), with a current market cap of approximately $1 billion. In the short to mid-term, its market cap could potentially reach $2 billion, and by the end of the bull run, it might grow to $5–10 billion. The price is currently making a new all-time high (ATH).
EIGENUSDT Resistance breakoutEIGENUSDT Technical analysis update
The EIGEN/USDT price has broken the neckline resistance on the 4H chart and is now heading toward the next resistance at $4.20. The price is trading above the 100 and 200 EMA, and a break above the $4.20 level could signal a strong bullish move.
Target : 50%-100%
Regards
Hexa