EIGENUSDT: Relief Rally Losing Steam? Bears Watching This Zone

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EIGENUSDT: Relief Rally Losing Steam? Bears Watching This ZoneEIGENUSDT Perpetual ContractBYBIT:EIGENUSDT.PTradeAnalyzerProEIGENUSDT has recovered from recent lows but is now approaching a resistance area where bullish momentum appears to be fading. Unless buyers break above 0.23507, the current rally may turn into another lower high. A rejection from this zone could send the price back toward 0.22528, while a close above the stop-loss level would invalidate the bearish outlook. Trade Setup Entry: 0.23240 Target: 0.22528 Stop Loss: 0.23507 I'll wait for bearish confirmation and increasing selling volume before expecting the next move lower.