Introduction
EIGEN has been one of the spotlight tokens over the past month after pulling off a powerful 2x rally. But as with most explosive moves, a consolidation and retracement phase followed. Now, technical indicators suggest a potential high-probability bounce setup that every trader should keep an eye on.
Recent Price Action Recap
After the massive 2x surge,$EIGEN went into a consolidation phase for nearly 30 days, forming a range. Recently, the price faced strong rejection from an extended trendline resistance, causing a sharp selloff.
But instead of signaling a collapse, this dip may be setting the stage for the next leg up.
Key Support Zone & FVG Insight
We’ve identified a Fair Value Gap (FVG) aligning with the previous local support, now acting as a critical zone marked below $1.03 (gray zone). This is a key area where price may find strong demand and potentially bounce hard.
✅ What to watch:
If $EIGEN reaches this zone and closes a few strong green candles above it (ideally on the 4H timeframe), we’ll treat that as a trigger for entry. Until then, patience is key.
Our Strategy
Set a price alert near the gray zone (~$1.03 or slightly below).
Wait for confirmation: 4H candle closing strong above the zone.
Entry Plan: Trigger on confirmation with stop-loss below the zone.
Upside Potential: Revisit previous highs and trendline resistance.
Final Thoughts
The current structure suggests that $EIGEN is not out of the game yet. If it respects the FVG and local support area, it could easily spark another rally.
Set alerts, stay patient, and be ready to react — not predict.
Tags:
$EIGEN, EIGEN Price Prediction, Crypto FVG, Altcoin Analysis, Trendline Rejection, Crypto Trading Setup, Low Cap Crypto
The URL slug (/eigen-price-prediction)
Final Post Title:
$EIGEN Setup: Key Support Holds Below $1.03
Meta Description:
$EIGEN eyes a key support zone below $1.03 after a sharp drop. A bounce from this FVG could trigger the next move. Here’s the setup to watch.
