#EIGEN

Current view...
Friends, since $EIGEN October, it has been experiencing a significant downtrend with a loss of over 90% in value.
It seems that the current price is preparing to test the downward trend on the daily chart.
📌 If this trend is broken, a new upward wave could begin, and the levels I indicated on the chart can be monitored as gradual resistance zones.
We also need to remember;
A rise even up to the October peak means approximately 10X.
So even if it rises 10X, it will only approach most of our costs.
Nevertheless, I believe it is one of the strongest projects in the market and could be among the fastest to recover in a potential bull phase.
Of course, time will tell.
For now, what we need to do is;
Monitor the trend break and support–resistance levels.