Terrill Dicki
August 18, 2025 15:00
Own price drops by 5% to $ 1.35 but technical indicators signal potential reversal with MACD that becomes bullish and RSI with neutral territory above 50.
Fast
• Own that is currently traded at $ 1.35 (-5.07% in 24 hours) • Eigenlaer’s MacD-Histogram shows Bullish Momentum despite price fall • Own RSI maintains neutral attitude on 50.69, suggesting that consolidation phase • No significant news catalysist students.
What drives self -layer price today?
The price movement of Eigenlayer seems mainly driven by technical factors instead of fundamental news, because no significant developments have arisen last week. The decrease from 5.07% to $ 1.35 represents a typical consolidation movement within the wider bullish trend that has characterized the performance of own in recent months.
The lack of major news events suggests that the current own price promotion is largely influenced by broader market sentiment and technical trading patterns. This creates an environment in which technical analysis becomes particularly valuable for understanding a potential price direction.
Own technical analysis: mixed signals are emerging
Owlayer Technical Analysis reveals a fascinating divergence between price action and momentum indicators. Although the own price has fallen by 5% in the last 24 hours, the MACD -Histogram shows a bullish lecture of 0.0068, which indicates that purchasing pressure can build under the surface.
The own RSI at 50.69 is firmly on neutral territory, neither overbought nor sold over. This positioning suggests that Eigenlayer has room to move in both directions, making it crucial for traders to pay attention to the next catalyst. The neutral attitude of the RSI often precedes significant price movements as the market decides.
The advancing averages of Eigenlayer sketch a complex image. The current own price of $ 1.35 is above 20-day SMA ($ 1.29) and 200-day SMA ($ 1.30), which indicates the underlying bullish structure. However, it acts under the 7-day SMA ($ 1.42), which confirms the recent short-term weakness.
Owlayer price levels: important support and resistance
Critical self -layer -support levels arise at $ 1.03, which represents both immediate and strong support according to the market data of Binance Spot. This level coincides with the Lower Bollinger band for $ 1.00, creating an important zone where buyers can step aggressively.
At the top, own resistance appears at $ 1.67, which marks both immediate and strong resistance levels. Breek above this threshold can activate the momentum in the direction of the upper Bollinger band for $ 1.58, although this creates an interesting technical setup where resistance is above the band.
The current own/USDT trade range of $ 1.30- $ 1.46 in the last 24 hours offers limits for scalping strategies in the short term. The pivot point at $ 1.37 serves as an important decision level – Own price promotion above this level is in favor of Bullish Continuation, while the trade below can further indicate.
Do you have to buy your own now? Risk-willing analysis
Conservative traders must wait for a clear break over the 7-day SMA at $ 1.42 before they consider long positions. This would confirm that the recent decline has ended and that buying Momentum returns to Eigenlayer.
Aggressive traders can consider the current own price of $ 1.35 attractive, given the Bullish MacD -Gersogram and the proximity of important support. Risk management, however, becomes crucial with stops below $ 1.30 to protect against a breakdown against the $ 1.03 support zone.
Swing traders must note that the position of own within the Bollinger tires (%B at 0.6002) suggests that token remains in the upper part of its recent reach, which indicates underlying strength despite the daily decrease. The 14-period ATR of $ 0.14 offers context for the format of position and stop losing.
On the basis of Binance Spot market data, the overall strong bullish trend classification suggests that the current weakness can be a buying option for patient investors who are willing to keep short-term volatility.
Conclusion
The technical attitude of Eigenlaer offers a mandatory matter for possible reversal despite the fall of 5% of today. The Bullish MacD -Gersogram combined with neutral own RSI measurements suggests that accumulation can take place at current levels. Traders must keep a close eye on the $ 1.37 pivot point during the next 24-48 hours, because a break above this level can indicate the resumption of the wider upward trend to $ 1.67 resistance. However, not holding above $ 1.30 support can extend the correction to the critical level of $ 1.03.
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