Technical analysis by MeTraderTr about Symbol EIGEN: Buy recommendation (9/17/2025)

EIGEN After the decline starting from the Suppely Level area of ​​$ 1.7366, the price fell to the support of $ 1.4881 and this region is currently working as SUPPORT ... The structure that can be formed with the reaction of the price from this support shows us the possibility of W Pattern (double bottom). W The important point for patterni is not only the formation of the bottoms, but also to break the neckline. Here the neck line corresponds to $ 1,6230. 👉 If the price shows a permanence over $ 1.6230, Charge of Character (Choch) will be realized and the probability of transition from the fall trend to the rise trend will increase. In this case, as a target, the SUPPLY region can be followed 1.7366 ... Important; • Support: $ 1,4881 (the decline deepens if lost) • Neckline: $ 1,6230 (if it breaks) • Target: $ 1.7366 In this process, the price movement will also be supported by a W formation. For the activation of the formation, the rise from the bottoms must break the neck level of $ 1,6230 !!! #Metrader #wolf #tradingview #cryptoanalysis