EIGEN has one of the better structures here.
Price rallied strongly from the 0.1522 low to the 0.3157 high, then corrected back into the previous breakout zone. This is a normal healthy retest after a strong impulse, not a full structure failure yet.
The key area is around 0.204–0.216. If buyers defend this zone, EIGEN can form a higher low and continue building a bullish market structure on the daily timeframe.
The important bullish trigger is a reclaim above the recent reaction zone near 0.23–0.24. That would show buyers are stepping back in after the pullback.
Above that, the next target is 0.261, and if momentum expands again, EIGEN can revisit the previous high near 0.3157.
Overall, EIGEN still looks like a bullish retest setup. The move from the bottom was impulsive, the pullback is testing support, and the next higher low could decide the next leg upward.
#KOSPI volatility and leveraged ETFs
#BNY expands USDC custody services #Fed independence upheld in court
