The fact that $EGLD is holding above 18.5 is making me really excited about this trade.

18.5 is a 38% retracement level from its recent pump.

All dependent on $BTC and dominance in the end. The fact that $ETH is starting to outrun BTC gives me more hopes about Layer 1 and 2 alts like EGLD.

$EGLD (MultiversX) 1D chart is at a very interesting price right now.

It has retraced around 12% after the last rally and i see it consolidating here for some time before launching back again.

There is a clear break of structure in EGLDUSDT and the trendline is pushing upwards.

I see immense potential in EGLD to rally towards 37.5 in this altseason.

Remember EGLDUSDT 's all time high was in Nov 2021 at 544. Imagine the potential.

Entry: 18.9

TP1: 25.4
TP2: 31.6
Tp3: 37.5

SL: 14.9

$EGLD