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$EIGEN Flashes a Super Bearish MACD Crossover
$EIGEN /USDT has printed a super bearish MACD crossover on the 30-minute timeframe, signaling that downside momentum is strengthening. If selling volume continues to increase, the pair could remain under pressure in the short term. Wait for confirmation before entering and avoid trading against the prevailing trend.
Trade Setup
Entry Zone: On a confirmed breakdown or rejection from key resistance.
Target 1: First major support.
Target 2: Previous swing low.
Target 3: Next strong support zone.
Stop Loss: Above the latest lower high.
Trade patiently, protect your capital, and let price action confirm the next move.
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