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Eigen struggles amid whale activity: Is a recovery still possible?

EIGEN is currently priced at 1.61 USD, down 9.77% in the last 24 hours. Its price has plummeted from a peak of 4.53 USD to this level, reflecting extreme volatility.

A whale’s recent deposit of 2 million EIGEN (valued at about 3.18 million USD) suggests continued bearish trends. The total loss for the whale has reached 5.89 million USD within two months.

Important resistance levels for EIGEN are set at 2.20 USD, 3.03 USD, and 3.47 USD, while the current support at 1.60 USD could stem further declines. Market sentiment remains bearish.

This is community-generated content, not advice from ONUS.
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