Technical analysis by Bullmaste about Symbol EIGEN: Buy recommendation (7/24/2025)

idea TL;DR • structure: HH/HL since June low (\~1.05). I’m labeling current move as wave (4) inside an ascending channel. • plan: buy/scale in on the red box 1.30–1.20 (0.5–0.618 retrace of the June leg). • targets: 1.62 / 1.97 / 2.13–2.43 (midline + 0.786 fib) for wave (5). • invalidation: daily close < 1.18 (breaks HL) → next shelf 1.05 then 0.93. details Price rejected at \~1.55 and rolled under the orange median line. Momentum (RSI) is cooling but not oversold, so a controlled bleed into the lower channel (pink trendline) makes sense. Confluence stack in the box: fib 0.5–0.618, prior demand from early July, and channel support. entries 1.32–1.24: starter 1.24–1.20: full size if RSI < 45 and volume tapers (no capitulation yet) exits / targets T1 1.62 (recent pivot + fib 0.618 of the whole drop) T2 1.97 (measured move from wave 2→3) T3 2.13–2.43 (channel top + 0.786 retrace of Nov dump) Leave a moon bag in case extension blows through 2.4 toward 3.0. risk Cut if daily candle closes < 1.18. If 1.18 cracks fast, expect a vacuum to 1.05/0.93. BTC nukes = plan invalid fast. notes • keep an eye on funding/points narratives—macro sentiment can override TA. • ladder orders, don’t chase green candles. • not financial advice, just how I’m playing it.