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$EIGEN /USDT Reversal Zone — Smart Money Accumulation in Play?
EIGEN is currently trading at $0.215, rebounding from a key demand zone near $0.169 after a prolonged downtrend. Price has started forming higher lows with bullish structure shift (BOS) on lower timeframes, signaling early accumulation. The recent push toward $0.238 resistance shows liquidity grab + rejection, but price is still holding above the $0.200 psychological level, which is critical. Volume remains steady, and order book shows buyers dominance (58% bids) — indicating smart money interest. If price maintains above $0.210–$0.214 support, a continuation move is likely.
Trade Setup:
Entry Zone: $0.210 – $0.218
TP1: $0.238
TP2: $0.260
TP3: $0.285
Stop Loss: $0.198
Plan: Watch for a clean hold above support or a minor pullback (liquidity sweep) before expansion. Break above $0.238 = momentum confirmation. Manage risk and trail profits smartly.
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