$ELDE TAKE PROFIT AREA
📊 Current Situation:
Price: $0.20062
Trading below all key moving averages (MA7, MA25, MA99) – signals a short-term downtrend.
Recent high: $0.26920
Nearest support: $0.18855
Key resistance zones: $0.207 – $0.218
🔍 What Needs to Happen for a Return to $0.26920:
Price must break and hold above $0.218 (MA99 level).
Stronger buying volume is needed to support any breakout.
A golden cross (MA7 crossing above MA25) would confirm a bullish shift.
Must break through resistance levels at $0.231 and $0.252 to reach $0.269 again.
⏳ Estimated Time to Reach $0.269:
If bullish conditions are met, it could happen within 1–2 days (based on fast 15m chart).
If sideways or weak, price may fall toward $0.188 or lower before recovering.
✅ Bullish Targets:
$0.207 (first resistance)
$0.218 (MA99)
$0.231 (major barrier)
$0.269 (final high target)
❌ Bearish Risk:
Drop toward $0.18855 or even $0.17203 if no breakout and low volume.
📌 Conclusion:
Don’t buy yet unless price breaks and holds above $0.218 with volume.
Watch for rejection at $0.207–0.218 as a potential false breakout.
If you're already holding, consider taking partial profit around $0.218–$0.231.