EIGEN Cloud (EIGENUSD) Maintains Bearish Structure Amid Weak Recovery Attempts

Market Analysis – January 11

EIGENUSD maintains bearish structure amid weak recovery attempts. EIGENUSD continues to trade within a broader bearish environment as momentum indicators remain subdued. The price stays below the short-term moving average, reflecting persistent downside pressure and limited bullish participation. MACD readings remain negative, showing weak trend strength and an absence of sustained upside momentum. Overall market structure suggests sellers remain in control despite minor corrective moves.

EIGENUSD Key Levels

Supply Levels: $0.4890, $0.9160
Demand Levels: $0.3500, $0.2500

EIGENUSD Long-Term Trend: Bearish

The price action shows a clear sequence of lower highs and lower lows, confirming trend continuation to the downside. The recent bounce from around $0.350 lacks volume and conviction, stalling below the key supply zone between $0.420 and $0.490. This zone aligns with prior support turned resistance, increasing the probability of rejection. Failure to reclaim $0.490 keeps the bearish structure technically intact.

Looking ahead, EIGENUSD is likely to face renewed selling pressure if price fails to hold above $0.410. A rejection from the $0.420–$0.490 region could trigger a continuation move toward $0.350, with extended downside risk toward $0.250. Any bullish scenario would require a decisive daily close above $0.490, which currently appears unlikely. Until then, the market outlook remains defensively bearish.

EIGENUSD Short-Term Trend: Bearish

EIGENUSD remains structurally bearish on the four hour chart as price trades below the descending trendline and key resistance. The recent pullback was capped near $0.460, reinforcing the supply zone between $0.460 and $0.490.

rice is now consolidating around $0.410, indicating weak demand and limited bullish follow-through. This crypto signal suggests a downside continuation toward $0.350 remains likely if price fails to reclaim $0.440.

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