📊 EigenLayer Daily Breakout Setup

EigenLayer is showing a strong breakout on the daily candle chart, indicating fresh momentum building up. Here’s the trading plan:

🔹 Entry Zone: $1.62 (confirmed breakout level)

🔹 Stop-loss: $1.50 (to protect downside risk)

🎯 Targets:

Target 1: $1.80 (+10%) – first resistance level, partial booking zone

Target 2: $2.10 (+30%) – extended bullish target if momentum continues

💡 Analysis:

Daily breakout with strong candle structure

Increasing volume supports bullish continuation

Risk-to-reward ratio is favorable (approx 1:3)

This setup looks promising for swing traders aiming to ride the next leg up. Manage risk wisely and stick to the plan.

$EIGEN

EIGENUSDT

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