$EIGEN Signal】Bullish breakout above the 1H Bollinger upper band; the funding rate is low and supportive


$EIGEN 1H RSI 68.88, buy orders directly pushed the price above the 4H Bollinger upper band at 0.2455. Order book depth shows a Bid/Ask Ratio of 1.99, with a clear intention to place support orders. The 4H MACD histogram is still expanding, and bullish momentum has not been exhausted.
🎯Direction: Long
⚡Entry/Pending order: 0.245362 - 0.246100
🛑Stop loss: 0.243639
🚀Target 1: 0.249791
🚀Target 2: 0.251637
🛡️Trade management: - Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop loss to breakeven. If the price falls back to the entry level, you will automatically exit to protect capital.
The funding rate is 0.005%, which is extremely low—long-position holding costs are nearly zero, and the risk of a short-term short squeeze is limited. Trading volume on the 1H timeframe noticeably increased from 22:00 to 23:00, reaching 1719万, with large orders actively being bought and liquidity remaining ample. The profit-loss ratio for this range is 1.5—just place the pending order to execute.
View real-time quotes 👇 $EIGEN
---
Follow me: Get more real-time crypto market analysis and insights!
#GUSD年化升至3.8% $BTC $ETH $SOL
EIGEN16.60%
GUSD-0.03%
BTC-0.58%
ETH-0.83%
SOL-0.83%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned