The EIGEN token gained 10% over the past 24 hours to trade at $0.248, extending a rebound from the 200-day EMA support near $0.22. Trading volume surged notably, echoing a similar pattern that preceded a significant previous rally. Spot Taker CVD analysis confirmed buyer dominance in the spot market, while the Volume Bubble Map indicated heated trading conditions. The next resistance stands at the previous swing high of $0.286, where a $69.61 million liquidation cluster has been identified. Funding Rates remain negative at -0.0079, signaling that derivatives traders have not matched spot buyers’ enthusiasm.
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