$EIGEN | Clear Strength Post-Defense 📈
$EIGEN is showing clear strength after defending the lower range and pushing back toward the recent high. Price is currently trading around 0.337, up roughly +4.6% in the last 24 hours, with volume supporting the move. After a short consolidation, buyers stepped in strongly from the 0.332–0.335 zone, and the 1H structure is starting to print higher lows. This suggests momentum is rebuilding, not fading.
The recent push toward 0.340 signals a breakout attempt. If this level is reclaimed with volume, continuation becomes likely.
Trade Setup:
· Entry Zone: 0.332 – 0.336
· TP1: 0.345 🎯
· TP2: 0.360 🎯
· TP3: 0.380 🎯
· Stop Loss: 0.325
As long as price holds above the entry zone, structure remains bullish. A clean break and hold above 0.340 could unlock a stronger expansion move, while loss of 0.325 would invalidate the setup.
This is a momentum-based trade — best executed with confirmation on volume and candle closes.
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