CRYPTO S H A R K S
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Bearish
$EGLD /USDT – Is a decline expected after the surge? Active short position! 🚨
Current price: $18.72
After a sharp rise to $21.06, $EGLD shows fatigue with constant red candles and fading momentum on the 1-hour chart.
Short position setup:
Entry zone: $18.70 – $19.10
🎯 TP1: $17.80
🎯 TP2: $16.80
🎯 TP3: $15.90
🛑 Stop-loss: above $19.50
Market analysis:
The sharp rise followed by a deviation and steady decline indicates a likely correction — volume is decreasing, and there are currently no signs of bullish continuation.
Professional tip:
Look for increased selling volume around $18.90 to confirm bearish strength before opening a position. Always manage risks strictly after the surge!
Use a reversal — don't get caught in a trap when the hype dies down!
$EGLD
#TradeOfTheWeek #CryptoComeback #BTCBackto100K #BTCtrade #TradeStories
Current price: $18.72
After a sharp rise to $21.06, $EGLD shows fatigue with constant red candles and fading momentum on the 1-hour chart.
Short position setup:
Entry zone: $18.70 – $19.10
🎯 TP1: $17.80
🎯 TP2: $16.80
🎯 TP3: $15.90
🛑 Stop-loss: above $19.50
Market analysis:
The sharp rise followed by a deviation and steady decline indicates a likely correction — volume is decreasing, and there are currently no signs of bullish continuation.
Professional tip:
Look for increased selling volume around $18.90 to confirm bearish strength before opening a position. Always manage risks strictly after the surge!
Use a reversal — don't get caught in a trap when the hype dies down!
$EGLD
#TradeOfTheWeek #CryptoComeback #BTCBackto100K #BTCtrade #TradeStories
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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