$EGLD /USDT — Strong Breakout After Deep Accumulation Zone
$EGLD just launched a powerful breakout from the 7.09 support, hitting a fresh high at 8.32 with strong bullish volume. This kind of vertical rally usually indicates fresh demand entering the market, and a small consolidation above 8.00 can open the door for another leg upward.
If bulls maintain control, EGLD can retest the recent high and possibly extend toward the next resistance levels.
Trade Setup:
Entry Zone: 8.02 – 8.18
Target 1: 8.35
Target 2: 8.58
Target 3: 8.82
Stop-Loss: 7.78
EGL1
Alpha
0.018748
-1.43%
