$EGLD /USDT 4H Trade Setup

Market Insight:

$EGLD is steadily climbing, now above all key moving averages (MA 7/25/99), with higher lows and solid support forming around $17.00–$17.40. A breakout above $18.48 could trigger further upside.

Entry Zone:

📥 $17.80 – $18.05 (ideal pullback zone between MA(7) and MA(25))

Targets:

🎯 Target 1: $18.48 (recent swing high)

🎯 Target 2: $18.95 (resistance from June range)

🎯 Target 3: $19.60 (major supply zone / psychological barrier)

Stop Loss:

🛑 $17.40 (below recent higher low and MA(25))

Key Levels:

Support: $17.80 / $17.40 / $17.00

Resistance: $18.48 / $18.95 / $19.60

Pivot: $18.05

Pro Tip:

Look for a retest of the $17.90–$18.00 range with bullish wicks or strong volume before entering. If EGLD reclaims $18.50 with momentum, holding for higher targets becomes favorable.