Entry: $0.191 - $0.194 TP1: $0.180 TP2: $0.172 TP3: $0.165 SL: $0.201 My Analysis: The price is trending downward and is currently trapped under all major moving averages (MA 7, 25, and 99). Resistance at $0.194 (MA 7) is holding firm, and recent candles show consistent rejection at these levels. With volume remaining relatively flat on the selling pressure, the path of least resistance appears to be toward the downside.
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$EIGEN /USDT Short Setup
Entry: $0.191 - $0.194
TP1: $0.180
TP2: $0.172
TP3: $0.165
SL: $0.201
My Analysis: The price is trending downward and is currently trapped under all major moving averages (MA 7, 25, and 99). Resistance at $0.194 (MA 7) is holding firm, and recent candles show consistent rejection at these levels. With volume remaining relatively flat on the selling pressure, the path of least resistance appears to be toward the downside.