Technical analysis by MohsenCapital about Symbol EIGEN: Buy recommendation (5/26/2025)

Hey Traders, Taking a closer look at the EIGENUSD daily chart, we’re seeing some interesting developments worth noting: 🔹 Chart Patterns: Price has been consolidating between Feb 25 and May 25, forming a solid base. A pennant pattern has also emerged – often a sign of a potential continuation move. 📈 Price Action & Key Levels: We’re currently trading at the Point of Control (POC) zone — a key area of volume and decision. A confirmed breakout above this POC zone could trigger a move toward the next resistance at $2.676. Beyond that, the Fib 0.618 level at $3.78 stands as the next significant target. ⏳ Timing: In my opinion, if we break through the POC with strong volume and momentum, this move could play out in the coming few weeks. Let me know what you think — are you watching this breakout too? 🔍