EGLD is sitting on heavy liquidity at $14.7 – will it bounce to $15.7 or break lower
🔎 My Logic
Price is consolidating near $14.7, A strong liquidity absorption.
descending structure in short timeframe but in higher timeframe trendline support is close
Trade Setup (Long spot with DCA)
Entry Zone 14.65 – 14.40
Targets
15.30
15.77
If 14.25 level breaks, expect deeper downside.
Stop Loss: $14.25