$EGLD /USDT is trading at 6.05, down a sharp 7.35%, after a strong rejection from the 6.55 high and a sweep of the 6.01 low, showing clear bearish dominance on the 15m timeframe. Price is stuck below MA7 (6.06), MA25 (6.12), and MA99 (6.27), confirming a strong short-term downtrend with weak recovery momentum. Key support sits at 6.00–5.90, while immediate resistance is at 6.15 and 6.30; failure to reclaim 6.12 may trigger another sell-off, while a hold above 6.00 could spark a quick dead-cat bounce.
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