🚨 $EGLD REJECTS HEAVY SUPPLY AS SELLERS RECLAIM CONTROL AT KEY RESISTANCE! 📉
Entry: $4.12–$4.18 ⚡
Target: $3.98 🎯
Stop Loss: $4.25 🛑
The recovery rally into the $4.30–$4.40 zone just ran straight into a wall of heavy supply. 📊 Fresh 4H candles confirm aggressive absorption from bears, dragging price right back down toward $4.10 as momentum flips negative.
📌 Sellers are clearly defending resistance, trapping late long breakouts in the process. 💡 If $4.10 fails to hold, we are looking at a swift continuation toward lower liquidity pools. 💬 Are you shorting this rejection or waiting for a deeper sweep below $3.98? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #EGLD #ShortSetup #Crypto #TechnicalAnalysis #Trading
🔻 📉
Entry: $4.12–$4.18 ⚡
Target: $3.98 🎯
Stop Loss: $4.25 🛑
The recovery rally into the $4.30–$4.40 zone just ran straight into a wall of heavy supply. 📊 Fresh 4H candles confirm aggressive absorption from bears, dragging price right back down toward $4.10 as momentum flips negative.
📌 Sellers are clearly defending resistance, trapping late long breakouts in the process. 💡 If $4.10 fails to hold, we are looking at a swift continuation toward lower liquidity pools. 💬 Are you shorting this rejection or waiting for a deeper sweep below $3.98? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #EGLD #ShortSetup #Crypto #TechnicalAnalysis #Trading
🔻 📉
