📊 EGLD Technical Analysis: Rebound Zone & Targets! 🚀

🔍 Current Price: $16.98

According to a recent analysis by one of the academy's professors, the $16.50–$16.75 range is a key rebound zone for EGLD. This area is crucial for determining if the price will bounce back or break down further.

Key Points:

Rebound Zone: $16.50–$16.75 💥

Failure Point: If price drops below $16.50, it could signal a bearish trend 🔻

Target Levels: If the rebound happens, targets are $18.00 and $20.00 🎯

📈 Strategy:

Buy Zone: Consider buying within the $16.50–$16.75 range 💸

Stop-Loss: Set a stop-loss just below $16.50 to limit risk ⚠️

Take-Profit: Set take-profit targets at $18.00 and $20.00 💹

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