EIGEN stuck in squeeze with $1.6M unlock set to test support
EIGEN, the native token of EigenCloud (formerly EigenLayer), is showing signs of compression on the charts just as a $1.6 million token unlock approaches. Summary EIGEN trades near $1.34, down 8% daily but up 24% monthly. A $1.6M token unlock on July 29 may impact short-term price direction. Technicals show a squeeze forming as support … Read more