$EIGEN — Pressure Is Building… and the Chart Is Finally Cracking ⚠️
Restaking hype can’t defend price when the market turns heavy — and right now,
$EIGEN is feeling pressure from every direction.
Ethereum failing to hold the $3150 level didn’t just hurt ETH… it hit confidence across the entire restaking sector. Sentiment flipped, capital rotated out, and EIGEN is now paying the price 😬📉
Then came the blow that markets hate most:
36.8M tokens unlocked (≈9.7% of circulating supply) → more supply + shaky confidence = selling pressure intensifying. The H4 chart confirms it — price broke below the $0.386 support, and momentum isn’t stabilizing… it’s weakening further.
RSI sitting under 40 tells the truth nobody wants to hear:
This isn’t a “dip”… it’s a controlled downtrend 🧠⚡️
If sentiment doesn’t improve and ETH keeps bleeding, a deeper correction toward $0.34 looks highly probable in the short term.
📉 Futures Short Setup Entry: $0.408 – $0.415
🎯 Take Profit (3%): $0.395
🛡️ Stop Loss (1.5%): $0.421
Right now, the market isn’t rewarding hope…
It’s rewarding discipline. 🥶
Sometimes the strongest play isn’t betting on recovery —
It’s recognizing when the trend has already chosen its direction.
#EIGEN #CryptoTrading #Bearish #ShortSetup #MarketSentiment