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I honestly didn't think $EIGEN would have the legs to pull this off today.
The way it just reclaimed the 0.2100 level is actually impressive. We spent so much time grinding sideways, but this latest daily candle shows the buyers are finally waking up. Look at that 64% bid side dominance in the books, the demand is definitely there.
We hit a local top at 0.2255 and pulled back slightly, but as long as we hold above the 0.1950 support, the structure stays bullish. If we can clear that 0.2255 wick, we might be looking at a much faster move up.
Volume is looking healthy for a change. I'm not jumping in blindly, but this looks like a solid floor is being built.
What’s your take? Is this a real breakout or just a weekend trap?
#GateSquareMayTradingShare #BitcoinFallsBelow80K