๐จ $EGLD HITTING THE CEILING โ SELLERS READY TO SLAM THE DOOR AT 2.80! ๐ป
Entry: 2.78-2.80 โก
Target: 2.73 ๐
Stop Loss: 2.84 โ ๏ธ
EGLD rode the uptrend straight into the top of its range, and that's exactly where the magic happens โ or burns. ๐ The 2.78โ2.80 zone is the real battleground: if buyers can't punch through, this rally turns into a falling knife. ๐ฉธ
I like the structure here. A rejection off this supply wall could send price sliding toward 2.73, then 2.68, and a full flush to 2.62 if momentum builds. ๐ป The stop tucks cleanly at 2.84, keeping the risk-to-reward honest. ๐ก
The key is confirmation โ don't front-run the rejection. Wait for the wick or the red engulfing candle before committing. ๐ฌ Are you waiting for the rejection confirmation or betting on the breakout squeeze? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #EGLD #ShortSetup #RejectionTrade #Crypto
๐ป ๐
Entry: 2.78-2.80 โก
Target: 2.73 ๐
Stop Loss: 2.84 โ ๏ธ
EGLD rode the uptrend straight into the top of its range, and that's exactly where the magic happens โ or burns. ๐ The 2.78โ2.80 zone is the real battleground: if buyers can't punch through, this rally turns into a falling knife. ๐ฉธ
I like the structure here. A rejection off this supply wall could send price sliding toward 2.73, then 2.68, and a full flush to 2.62 if momentum builds. ๐ป The stop tucks cleanly at 2.84, keeping the risk-to-reward honest. ๐ก
The key is confirmation โ don't front-run the rejection. Wait for the wick or the red engulfing candle before committing. ๐ฌ Are you waiting for the rejection confirmation or betting on the breakout squeeze? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #EGLD #ShortSetup #RejectionTrade #Crypto
๐ป ๐