EigenCloud price jumps 17% as traders boost positions and break key resistance at $0.25

EigenCloud (EIGEN) surged 17.33% to $0.3058, breaking out of a months-long consolidation range above the $0.25 resistance level. Trading volume rose 5.07% to $93.96 million, and Open Interest increased 24.13% to $67.27 million, signaling strong trader conviction and fresh capital inflow. Binance data shows a dominant bullish stance with long positions twice the short ones, reflecting confidence in further upside. The Relative Strength Index at 74.96 indicates strong buying momentum, with potential targets at $0.35 and $0.45 if support holds.