Eigen Layer zones of interest2 main zones of interest on BINANCE:EIGENUSDT
People will claim airdrop and sooner or later drop the price to zones of interest
2 zones marked by IAP model (how to work with model find in Ideas)
positive and negative scenario will end in same zones so its matter of time
Invalidation of idea mentioned on a chart
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Eigeneanalyse
EIGEN target $6.14h time frame
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Entry: $3
TP: $6.1
SL: $2.45
RR: 5.7
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(1) EIGEN is building a descending wedge which is a standard correction from previous pump
(2) Notice $3.3~$3.48 is R/S zone
(3) Fibonacci provides first target at $6.11 and final target at $9.17
(4) Stop loss once going below $2.45
EIGEN TREND CORRCTION CHANNEL (UPDATE)so in the analysis i made few days ago (or yesterday idk) on BINANCE:EIGENUSDT we we had a channel that wad broken from below and you could"ve opened your position from the channel brakeout or the grenn line i specified though to be honest channel brakeout candle was too big only time frame you could have opened postion was 15 and in my opinion it was too risky with current status of the market but with the green line it was a lot safer to open your position and even better and smaller SL if you managed to open a position on BINANCE:EIGENUSDT i would suggest to close it fully or saving your profits yeah that"s IT i would really be thankful of any of you that supports me if the support is enough i would be more productive thanks to all of you 😘
EIGEN COIN LONG OPPORTUNITY - ALTCOIN MARKET EIGEN is one of my favorite coins due to its strong fundamentals.
Fundamental Analysis: EIGEN has over $11 billion locked on its platform, making it the 3rd highest in total locked value in the entire crypto market. Additionally, it’s the first and best restaking platform on Ethereum.
Technical Analysis: EIGEN bounced off the daily demand zone, and the 4H structure has confirmed that the price is seeking upside liquidity/expansion.
I expect it to reach these two targets and potentially much higher, possibly even new all-time highs during the next altseason.
I believe we’ve hit the bottom for this coin, and I’ve opened a position.