EIGEN Rebound Puts $69.61 Million Liquidation Cluster in Focus
Photo: TokenPost
EigenCloud (EIGEN) gained 10% over 24 hours to $0.248 after rebounding from support near $0.22, with stronger trading activity and spot-market buyers supporting the recovery. The token bounced from its 200-day exponential moving average three days earlier. Trading volume also increased during the move, while spot-market indicators showed buyers remained in control. EIGEN’s previous swing high is $0.286. An estimated $69.61 million liquidation cluster is concentrated near that level, where forced position closures could amplify volatility if prices enter the zone. Spot taker cumulative volume delta, or CVD, continued to indicate buyer dominance.
Source: TokenPost
