🔥 $EGLD /USDT I’m watching this one closely!
EGLD just exploded out of a long accumulation structure and pushed all the way toward $5.50. The move is powerful, but after a candle like this, I’d rather wait for a controlled pullback than chase the green candle.
The key now is whether buyers can defend the breakout area 👀
📌 Trade Setup — LONG
🟢 Entry Zone: $4.90 – $5.10
🎯 TP1: $5.50
🎯 TP2: $5.90
🎯 TP3: $6.30
🛑 Stop Loss: $4.65
Why I like the setup:
EGLD has broken aggressively above the previous resistance region, and momentum is clearly strong. A successful retest around the $5 psychological area could give bulls another push higher.
⚡ Pro Tip: Don’t FOMO into the spike. Let price come to your entry zone, watch for a bullish reaction, then enter with controlled risk. If TP1 hits, consider securing some profit and moving SL toward breakeven.
Momentum is exciting… but the retest is where the real trade could appear. 🚀
$EGLD
#DellSurges8%OnEarningsBeat #USAugADPJobsSmallestGainSinceJan #CFTCSeeksToDismissCMEMotionInPerpFutures #IranStrikesUSBaseInKuwait #US10YearTreasuryYieldHitsHighestSinceNov2023
EGLD just exploded out of a long accumulation structure and pushed all the way toward $5.50. The move is powerful, but after a candle like this, I’d rather wait for a controlled pullback than chase the green candle.
The key now is whether buyers can defend the breakout area 👀
📌 Trade Setup — LONG
🟢 Entry Zone: $4.90 – $5.10
🎯 TP1: $5.50
🎯 TP2: $5.90
🎯 TP3: $6.30
🛑 Stop Loss: $4.65
Why I like the setup:
EGLD has broken aggressively above the previous resistance region, and momentum is clearly strong. A successful retest around the $5 psychological area could give bulls another push higher.
⚡ Pro Tip: Don’t FOMO into the spike. Let price come to your entry zone, watch for a bullish reaction, then enter with controlled risk. If TP1 hits, consider securing some profit and moving SL toward breakeven.
Momentum is exciting… but the retest is where the real trade could appear. 🚀
$EGLD
#DellSurges8%OnEarningsBeat #USAugADPJobsSmallestGainSinceJan #CFTCSeeksToDismissCMEMotionInPerpFutures #IranStrikesUSBaseInKuwait #US10YearTreasuryYieldHitsHighestSinceNov2023
