$EGLD /USDT Gearing Up for a Break Above $22? Watch Closely! 🚀

$EGLD is trading at $20.77 (+9.09%), bouncing strong from its recent low of $18.89. Momentum is back, but can bulls flip resistance into launch fuel?

📊 Market Snapshot

• Current Price: $20.77

• 24H High / Low: $22.10 / $18.89

• 24H Volume: 635.42K EGLD | 13.21M USDT

📈 Technical Overview

• Support: Solid base forming at $20.00 — strong buyer interest seen here.

• Resistance: $22.10 is the key breakout level for continuation.

• Structure: Sideways consolidation with bullish bias on the 4H — setting up for a potential breakout leg.

🎯 Trade Setup – Breakout Watch

• Entry Zone: $20.50 – $21.00

• TP1: $22.20

• TP2: $23.50

• TP3: $25.00

• SL: Below $19.80

💡 Pro Tip: Watch for volume surge if $EGLD nears $22 again a breakout above this with strong momentum could ignite a major rally.

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