Technical analysis by CryptoNuclear about Symbol EIGEN: Buy recommendation (10/19/2025)

EIGEN is once again approaching a critical demand zone around 0.95 – 1.10, a level that has repeatedly acted as the market’s turning point throughout this cycle. This zone isn’t just a technical level — it’s the final line of defense separating a potential accumulation phase from a deeper breakdown. After rallying toward 2.0 in early October, sellers regained control, printing a clear sequence of lower highs and pushing price back down into the same historical demand area. Each touch of this yellow block has sparked aggressive buy reactions, suggesting there are still strong buyers defending this region. --- Bullish Scenario (Bounce & Reversal) The bullish outlook remains valid as long as price holds above 1.00 – 1.10. A clear bullish engulfing candle or a strong rejection wick in this demand zone could confirm a reversal setup. If confirmed: Entry: Above 1.20 – 1.25 (confirmation breakout). Targets: Target 1 → 1.42 (first key resistance). Target 2 → 1.60 (mid-range supply zone). Target 3 → 1.97 – 2.00 (major structural target). Stop-loss: Below 0.94 – 0.95 (bullish invalidation). A daily close above 1.60 would confirm a structure shift and re-establish medium-term bullish momentum. --- Bearish Scenario (Breakdown & Continuation) If the demand zone fails to hold and price closes below 0.95, sellers could regain full momentum, opening the door for a continuation move toward 0.75 – 0.80. Bearish confirmation signals include: A decisive daily close below the yellow zone. Failed retest around 1.00 – 1.10 (support turning into resistance). Rising sell volume confirming downward pressure. Such conditions would likely trigger a bearish continuation pattern, as the liquidity beneath this zone remains largely untested. --- Pattern & Structure Analysis Range Accumulation Zone: The 0.95 – 1.10 area has repeatedly acted as a multi-tested demand base for accumulation. Lower High Formation: Sellers remain dominant since the October peak. Liquidity Wick Trap: The deep lower wick indicates stop-hunting behavior, often preceding strong reversals or momentum shifts. Horizontal Resistance Ladder: Step-by-step resistance levels at 1.42, 1.59, and 1.97 will act as key checkpoints for any bullish recovery. --- Conclusion EIGEN is standing at a critical battlefield between continued accumulation and a deeper breakdown. Traders should wait for clear confirmation at this demand zone before committing to any major position. A daily close above 1.25 reopens the path to bullish recovery, while a breakdown below 0.95 could accelerate the next bearish leg toward 0.75 or lower. The upcoming reaction from this zone will likely define EIGEN’s next multi-week trend direction. --- #EIGEN #EIGENUSDT #Crypto #Altcoin #TechnicalAnalysis #PriceAction #SupportResistance #MarketStructure #SwingTrading #CryptoAnalysis #ChartUpdate