$EGLD / USDT Showing Strong Bullish Momentum on Binance! 🔥
Current Price: 15.89 USDT
Change: +3.32%
$EGLD / USDT on Binance is exhibiting significant upward movement on the 4-hour chart, breaking through previous resistance levels.
Key Observations:
* Recent High (24h): 15.92 USDT
* Recent Low (24h): 14.82 USDT
* Volume (24h EGLD): 184,739.78
* Volume (24h USDT): 2.84M
The price has shown a strong surge with increasing volume, indicating substantial buying interest. It's currently testing the 24-hour high.
Considerations:
* Resistance Level: The 24-hour high of 15.92 USDT is the immediate resistance to watch. A break above this level could signal further significant gains.
* Support Level: Previous resistance levels that have been broken, such as around 15.50 USDT, could now act as support.
* Increasing Volume: The rising volume accompanying the price increase reinforces the strength of this bullish move.
Disclaimer: This is not financial advice. Always conduct your own thorough research before making any trading decisions.
