$EGLD is continuing to recover nicely after the move from the $5.10 entry. ๐
Price is now around $5.65, showing that buyers are defending the major support area and keeping the recovery structure alive.
The bigger levels Iโm watching are $8โ$10, with $10 as the main target if momentum stays strong. Beyond that, $12โ$15 remains a major resistance zone.
Entry: $5.10 TP1: $8.00 TP2: $10.00 SL: Below key support
No need to rush this one. If the structure holds, patience could be important for the larger move. ๐ค
$RE is showing a solid recovery after buyers defended the $0.40 area. ๐
The reaction started near $0.407, and price has since climbed back toward $0.47. The rising trendline is also helping maintain the short-term bullish structure.
Now the focus shifts to $0.50โ$0.52. A successful reclaim of $0.52 could bring $0.56 into view.
As long as $0.40โ$0.42 continues to hold, the recovery structure remains intact. ๐๐ค
The $100 breakout is the main trigger. If buyers take control above it, momentum could expand further. Manage trade carefully. ๐ค Trade $BZ here ๐
If sellers maintain control, these downside levels come into focus. Waiting for confirmation around the entry zone makes more sense than chasing the move. ๐ค
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If buyers manage to push through this resistance and hold above it, the next upside levels could come into play. Iโm watching the setup for a potential LONG.