$EIGEN breakout confirmed: $EIGEN broke a falling wedge with rising volume, making $1.85 the critical retest support and setting measured-move targets at $2.15 and $2.35. Traders watch retests and momentum indicators (RSI, MACD) to validate continuation toward those levels.
Key support: $1.85 (primary retest), secondary $1.78
Measured-move targets: $2.15 and $2.35, aligned with prior supply zones
Volume and momentum confirmation: breakout accompanied by expanding volume, RSI and MACD turning bullish
$EIGEN breakout: watch $1.85 retest for validation; targets $2.15 & $2.35—read analysis and trade plan. Act with caution. (Meta: 150-160 chars)
$EIGEN breaks out of a falling wedge with bullish confirmation, eyeing $2.15 and $2.35 targets while $1.85 holds as key support.
‘,
‘
🚀 Advanced Trading Tools Await You!
Maximize your potential. Join now and start trading!
‘,
‘
📈 Professional Trading Platform
Leverage advanced tools and a wide range of coins to boost your investments. Sign up now!
‘
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
- The support levels are identified as 1.85 and 1.78, and traders observe the levels to confirm after breakout structural strength.
- Bullish continuation targets will be estimated to be at 2.15 and 2.35 which will coincide with the previous supply areas as well as the move measured target.
- Bullish continuation targets are projected at $2.15 and $2.35, aligning with prior supply zones and the measured move objective.
$EIGEN has broken out of a falling wedge pattern after weeks of consolidation, marking a bullish reversal signal supported by rising trading volume.
What is the technical setup behind the $EIGEN breakout?
The $EIGEN breakout is a rising reversal from a falling wedge: price compressed within declining trendlines and then pushed higher on expanding volume. Momentum indicators (RSI, MACD) flipped bullish, providing confirmation that buyers have regained control in the near term.
How did volume and momentum confirm the move?
Volume expanded at the breakout, indicating active buyer participation rather than a low-volume spike. RSI moved higher from neutral levels and MACD completed a bullish crossover. These technical signs increase the probability of follow-through toward measured targets.
🚨 Falling Wedge Breakout in Play! After weeks of consolidation, $EIGEN has broken out of a textbook falling wedge—a bullish reversal pattern. Volume confirmed the breakout, with RSI and MACD flipping bullish. 📈
🔍 What I’m Watching:
Retest of wedge breakout (~$1.85 zone)… pic.twitter.com/Brb6YKgIcJ — razvan.eth (tweet text, September 21, 2025)
‘,
‘
🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!
‘,
‘
💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
The wedge breakout allowed $EIGEN to rally past the $2.00 mark before encountering resistance. Momentum oscillators strengthened as the breakout unfolded, which supports the bullish thesis for the short to medium term.
This development marks a technical shift from prior lower-high price action. A validated breakout—confirmed by volume and momentum—puts the chart in a constructive posture, though short-term retests remain a key validation step.
Primary retest support sits near $1.85. Holding above $1.85 preserves the bullish structure and increases the likelihood of extension. A deeper support area is located at $1.78 and serves as a secondary safety zone for buyers.
If $EIGEN holds above the breakout level, the market structure remains favorable for continuation. A failure to hold $1.78 would weaken the pattern and suggest further consolidation or range-bound activity.
‘
];
var adplace = document.getElementById(“ads-htx”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex;
adplace.innerHTML = adscodesHtx[adsindex];
sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexHtx”, sessperindex);
}
})();