📢 $EGLD / USDT | 🟢 LONG | ⭐ 78%

🎯 Objective: $4.9088. Does it achieve it?

🎯 Trading levels:
🟢 Entry: $4.691
🛑 Stop Loss: $4.57
🏁 TP1: $4.9088
🏁 TP2: $5.0298
🏁 TP3: $5.175

📈 Analysis:
A solid bullish structure is observed, with higher highs and higher lows on key timeframes, reflecting clear buying pressure. The asset has surpassed previous resistance levels with a significant increase in trading volume, confirming a bullish breakout. The positive momentum is supported by favorable momentum indicators, suggesting a good environment for buyers.

⚖️ Risk/Reward: 1:1.8

⏱️ Timeframe: 15M

💭 A bullish breakout happens when the price exceeds a resistance level—an area where it has historically had difficulty rising—indicating a possible continuation of the upward move.

#crypto #EGLD #trading #Bullish

💡 This analysis is educational and does not constitute financial advice. Do your own research and decide calmly.