$EGLD /USDT SHORT SETUP – WEAK BOUNCE IN A HEAVY DOWNTREND
$EGLD is down over 8% and struggling to hold above $13.70 after a sharp fall. The 15-minute chart shows lower highs forming with fading buying volume — suggesting a likely return to the $13.33 low zone.
• Trade Type: Short
• Entry Zone: $13.72 – $13.76
• Take Profit 1: $13.55
• Take Profit 2: $13.40
• Take Profit 3: $13.25
• Stop Loss: $13.88
• Trend: Bearish continuation
• Volume Signal: Weak buying interest after strong selloff
• Confirmation: Rejection near $13.76 resistance
• Bias: Short-term downside until strong reversal setup emerges