🟢 $EGLD – Steady Bullish Recovery (1h Timeframe) 🟢
📌 Long Setup
• Entry: 13.75 – 13.90
• Targets: 14.10 / 14.25 / 14.50
• Stop Loss: 13.40
1H TIMEFRAME
EGLD has shown a steady upward recovery after finding strong support near 13.45. The price has started to build higher lows, indicating a possible trend reversal on the hourly chart. If EGLD maintains momentum above 13.80, it could push toward the next resistance around 14.30. A breakout above this zone may open the path to 14.50. The current pattern and volume indicate buyers are gradually taking control, suggesting a favorable setup for continuation toward higher levels.
⚠️ Risk Management
Keep stops firm at 13.40. Risk no more than 1–1.5% of trading capital. Trail stops as targets are partially reached to secure profits.
Momentum outlook remains bullish as long as EGLD sustains above 13.80. ⚡
👉🏻 Buy and Trade here: $EGLD