$EGLD /USDT – Bullish Surge with Strong Volume!
EGLD has exploded +24.34% to $19.21, riding a wave of momentum from a breakout off the $14.82 low. The 24h high hit $19.44, with over 559K EGLD traded, totaling $9.85M USDT in volume. Depth shows stacked bids down to $18.58 and a bullish ladder toward $19.70, signaling strong buyer interest. As a Layer 1 gainer, EGLD is reclaiming strength and attracting attention.
Momentum Analysis: Bullish continuation fueled by volume spike and sustained higher lows across timeframes.
Long Setup:
Entry Zone: $18.80 – $19.20
Targets: T1: $20.10, T2: $21.30, T3: $23.00
Stop Loss: $17.90
Breakout Confirmation: Hold above $19.00 with increasing volume.
Key Support: $18.00
Pro Tip: Watch EGLD’s reaction at $20 – a close above confirms broader bullish structure on 1D.