$EGLD /USDT SHORT TRADE SIGNAL 🔻
After testing resistance near 13.55, EGLD is showing rejection candles, signaling potential downside. Price action suggests weakness below 13.40 with room for retracement toward lower supports.
Trade Setup (Short):
Entry: 13.40 – 13.50
TP1: 13.10
TP2: 12.85
TP3: 12.60
Stop Loss: 13.65
Key Levels:
Resistance: 13.55 / 13.65
Support: 13.10 / 12.60
Market Outlook:
If price sustains below resistance, sellers could push EGLD back toward the 12.60 zone. A break above 13.65 would invalidate the bearish setup.
