š» $EGLD /USDT ā From Rally to Retreat: Can Bulls Hold $13.74? šÆš
EGLD dropped -3.82%, pulling back from the $14.74 high to $13.85 now.
MA(7), MA(25), and MA(99) have all turned downward ā momentum favors sellers.
Support sits near $13.74 (24h low) ā last stand before deeper correction.
Price sliced below all major MAs ā structure flipped bearish.
However, $13.61 was the last key bottom ā bulls may defend this zone again.
Volume remains active ā expect a volatile move soon.
Wait for signs of bullish reversal before re-entry.
šÆ Entry: $13.80ā$13.90
š» Stop-Loss: $13.60
š TP1: $14.10
š TP2: $14.35
š TP3: $14.65
Eyes on the zone ā if $13.74 holds, a snapback could surprise! ā”š