Here's a technical overview of $EGLD /USDT based on your provided data:
---
Current Price:
$19.45
Change: -4.05% today
Trend: Pullback in progress from recent highs
---
24h Trading Range:
High: $20.38
Low: $19.35
Volume:
EGLD Volume: 634,139.24
USDT Volume: $12.65M
(Moderate activity with notable sell pressure)
---
Key Technicals:
MA60: $19.86 → Current price is below MA60, indicating short-term weakness
Resistance Levels:
$19.70
$20.05
$20.38
Support Levels:
$19.35 (Immediate)
$19.00 (Psychological support)
Below $19, risk increases sharply
Momentum Indicators:
MACD: Likely bearish divergence forming
Volume: 156.09 → Consistent with current down move
Price vs MA(5) & MA(10): Price is significantly below recent moving averages, showing short-term downward momentum
---
Performance Overview:
Period % Change
Today -4.09%
7 Days +27.39%
30 Days +37.00%
90 Days -15.40%
180 Days -31.28%
1 Year -48.64%
---
Outlook:
Short-term: Bearish unless price recovers above $19.86 (MA60)
Medium-term: Still holding some gains over the past month, but momentum has weakened
Watch zone: Break below $19.35 could signal a move toward $18.50–$19.00
---
Would you like a chart analysis, or a suggested entry/exit strategy based on this trend?
#EGLD #egld/usdt #BinanceHODLerNXPC #Write2Earn #BinanceAlphaPoints