🔥💎#EGLD : Spot profit +55%, futures on the way!
💡 Brief description of the asset:
Elrond (EGLD) — a next-generation blockchain offering high scalability and low fees. It is used in DeFi, NFT, and other innovative areas. The network attracts investors with its advanced technologies and active ecosystem.
📊 Chart analysis:
1️⃣ Results:
Entry level: Historical level 12.97. Worked perfectly.
Additional confirmation was: support according to the indicator, feel free to use it.
Profit in the spot market: +55%.
Part of the positions is fixed, the rest are held.
2️⃣ Current situation:
The historical level has been worked out and is no longer relevant.
The altcoin continues to demonstrate strong growth.
🎯 New entry points:
Range of interest for longs (futures): 16.6 – 16.1.
Trap level (4h timeframe) + multi-timeframe stop.
In case of a deeper correction — a possible update of the idea, as there are also interesting entry points below) If you need a reminder.