$Current Price: $16.57

Technical View (Based on Recent Charts):

Breakout Confirmation: Price has cleanly broken above the short-term resistance zone ($16.40–$16.60).

Momentum is Bullish – Consecutive green candles, increasing volume, and strong bounce from $15 zone indicate buyers are in control.

Next Resistance Levels:

1. $17.00–$17.20: Minor resistance – could cause a pause or small pullback.

2. $18.00–$18.50: Stronger resistance – where sellers might step in.

Support Now:

$16.20–$16.40 becomes new short-term support (was resistance earlier).

Conclusion – What to Do Now?

Trend is currently bullish. If momentum continues and BTC/market stays strong, EGLD could test $17+ very soon.

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