technical summary for $EGLD /USDT as of the latest data:

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EGLD/USDT Overview

Current Price: $17.71

24h Change: -1.67%

Category: Layer 1 / Layer

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24h Price Range

High: $18.23

Low: $17.39

Current Position: Mid-range

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Volume Stats

24h Volume (EGLD): 78,868

24h Volume (USDT): $1.41M

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Moving Averages

Period Value

MA(5) 22.06 (above price)

MA(10) 21.32 (above price)

MA60 17.64 (near price)

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Order Book / Depth

| Resistance | 17.75 | | Current| 17.71 | | Support | 17.57 / 17.52 |

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Quick Technical Insight

Trend: Slightly bearish, trading below short-term MAs

Momentum: Weak โ€” low volume and small candle range

Key Level: Holding above MA60 (17.64) is short-term support

Risk: Breakdown below $17.39 opens room toward $17.00

Bullish Trigger: Break above $18.23 with volume

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Would you like a chart-based setup or a comparison to other Layer 1s like ATOM, AVAX, or SOL?

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