Eigenlayer EIGEN price analysisLooking at the OKX:EIGENUSDT chart, we can see that the growth amplitude is “choking” and trading volumes are decreasing.
Therefore, at the current price, we would not risk buying #EIGEN
But at $0.90, it's safer! Or at $1.80-1.90, but only after the price breaks through and consolidates above the trend line.
#Eigenlayer is based on the #Ethereum ecosystem and has “come alive” following the price of CRYPTOCAP:ETH
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EIGENUSDT
EigenLayer Easy Targets, Broken Downtrend —500%Now we are looking at EigenLayer, a new project.
Notice the very strong downtrend that started in mid-December 2024. It is hard to believe that it has been already more than five months.
Notice this huge downtrend and how EIGENUSDT broke out without breaking bullish. This is ok if you are looking for good options to buy and trade.
This pair trades at a low price, early, and has huge potential for growth in weeks, months and days.
I will give you some targets, the bottom is in. But a full blown bullish confirmation happens when the action moves above 'main resistance'. The action is happening now within a strong buy-zone.
This zone is the last chance and opportunity to buy when prices are low. It will start growing next and this growth will go for months.
The first target can hit short-term while the second is set for the mid-term. Long-term, you can expect even more.
A perfect strategy for spot traders is simply to buy and hold. When prices are high, say 200%-300%, collect profits and move on to the next trade.
Repeat this process over and over, again and again, and watch your portfolio grow faster than the bull market.
Buy ten pairs and each time one matures, sell and find one trading near support and repeat the process. This is a simple strategy but it pays.
If you miss the selling point, wait.
Never buy when prices are high.
Never sell when prices are low.
Do it the other way around... Buy now, sell later when the masses start to buy at the top. When they are buying, you are selling.
Now that everybody is selling, you have to buy, buy everything up.
Namaste.
#EIGEN/USDT#EIGEN
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 1.56
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.71
First target 1.83
Second target 1.90
Third target 1.98
EIGEN / USDT : Retesting the Trendline after breakout EIGEN/USDT: Retesting the Trendline After Breakout
EIGEN/USDT is showing promising signs 📈 as it retests the trendline after a breakout 📊. This retest is crucial as it could confirm the trendline as a new support zone, setting the stage for a strong bullish continuation 💥. If the support holds, we could see a significant upward move 🚀. Keep a close watch 👀 on this pair and wait for confirmation before taking action.
Key insights:
1. Trendline retest: EIGEN/USDT is retesting the trendline it recently broke above. Successfully flipping this resistance into support could confirm the breakout and trigger a bullish rally.
2. Volume validation: Monitor trading volume closely. A surge in volume during the retest would confirm strong buyer interest 🔥.
3. Bullish signals: Momentum indicators such as RSI and MACD are showing positive trends ⚡, supporting the likelihood of a bullish continuation.
Steps to confirm the trendline support:
Look for a clear 4H or daily candle closing above the retested trendline 📍.
A noticeable increase in volume during the retest can signal strong buying activity 📊.
If the trendline holds as support, it adds credibility to the bullish continuation ✅.
Be cautious of false signals, such as sharp pullbacks or wicks below the trendline ⚠️.
Risk management strategies:
Use stop-loss orders to manage your risk effectively 🔒.
Ensure position sizing aligns with your overall trading strategy 🎯.
This analysis is for educational purposes only and not financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions.
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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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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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 - Box is brokenBINANCE:EIGENUSDT (1h CHART) Technical Analysis Update
EIGEN is currently trading at $3.578 and showing overall bullish sentiment sentiment
Price was trading inside the box for couple days and expecting to breakout from the box soon. There is a good potential for long trade here.
Entry level: Candle close above $3.68
Stop Loss Level: $ Below 3.204
TakeProfit 1: $3.875
TakeProfit 2: $ 4.180
TakeProfit 3: $ 4.592
TakeProfit 4: $ 5.035
TakeProfit 5: $ 5.612
Max Leverage: 5x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
EIGENUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked).
Everything on the chart.
Entry zone: market and lower
Targets: 6 - 10 - 14
after first target reached move ur stop to breakeven
Stop: under 2.3 (depending of ur risk).
RR: 1 to 10
ALWAYS follow ur RM
risk is justified
It's not financial advice.
DYOR!
EIGEN Price Analysis – Key Levels and OutlookRecent Performance:
Retracement: EIGEN has retraced to the midpoint of its November-December rally, testing a critical support zone as it approaches a period of heightened supply due to a token unlock event.
Higher-Timeframe Support: Begins at $3.3792, corresponding to the high of the November 25th bullish gap.
Support Levels:
Primary Support Inside Gap:
$3.3000: November 11th's weekly high, offering initial support within the gap.
$3.1911: November 4th's rejection level, representing stronger secondary support.
Deeper Support: If the gap fails, the next significant zone lies at:
$2.8932: November 24th's bullish gap.
Aligns with November 11th's weekly accumulation midpoint, providing robust support for potential reversal.
Upside Targets:
Short-Term Resistance:
$4.4820: December 21st swing high, where bears’ stops could cluster.
$4.6355: December 14th rejection, likely to act as a significant resistance level.
Long-Term Targets:
$5.0213: December 16th's distribution zone, beyond which resistance appears minimal, allowing for potential price discovery.
Key Considerations:
Token Unlock Impact: Bulls may wait to absorb the newly unlocked supply before initiating significant buying activity.
Breakout Conditions: A decisive move above $4.4820 with volume could trigger a cascade of short covering, driving momentum toward $4.6355 and beyond.
Failure Scenario: A breakdown below $2.8932 would invalidate the bullish structure, signaling deeper retracement and potential accumulation at lower levels.
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 TREND DIRECTIOONAL CORRCTION CHANNEL as we can see in the chart eigen is in a trend directional BINANCE:EIGENUSDT is in a uprising channel if the current btc uptrend we can expect eigen to be the one of stronger assets i think everything is obvious enough in the chart i"ll be really thankful if you share your idea about this analysis and what you think about the current trend of the market
EIGENUSDT New ATH!EIGENUSDT Technical Analysis Update
EGENUSDT price has broken a significant resistance zone after a 65-day downtrend. EIGEN is the second-largest Ethereum staking token by TVL (Total Value Locked), with a current market cap of approximately $1 billion. In the short to mid-term, its market cap could potentially reach $2 billion, and by the end of the bull run, it might grow to $5–10 billion. The price is currently making a new all-time high (ATH).
EIGENUSDT Resistance breakoutEIGENUSDT Technical analysis update
The EIGEN/USDT price has broken the neckline resistance on the 4H chart and is now heading toward the next resistance at $4.20. The price is trading above the 100 and 200 EMA, and a break above the $4.20 level could signal a strong bullish move.
Target : 50%-100%
Regards
Hexa