$EGLD Short Trade Setup – Targeting $13.50 & $12.50
#MultiversX is struggling to maintain momentum above the $14.40 resistance area. The recent price action suggests a potential downward move.
Price Action Update:
Current Price: $14.40
High: $14.40
Support Zone: $13.50
Major Support: $12.50
Trade Setup:
Entry Zone: Around $14.30 – $14.40
TP1: $13.50
TP2: $12.50
Stop-Loss: Above $14.60
If $EGLD remains below $14.40, this short setup could be effective.
