$EGLD —the former 3.7 range has not been reclaimed
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The last closed day remained below the historical weekly range of 3.7. Price approached the lower boundary of the previous base.
A daily close $EGLD above 3.9, followed by holding that level during a pullback, would strengthen the recovery scenario toward 4.5.
A close $EGLD below 3.5 would invalidate the hypothesis that the major base is holding. The level is nearby and warrants attention.
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The last closed day remained below the historical weekly range of 3.7. Price approached the lower boundary of the previous base.
A daily close $EGLD above 3.9, followed by holding that level during a pullback, would strengthen the recovery scenario toward 4.5.
A close $EGLD below 3.5 would invalidate the hypothesis that the major base is holding. The level is nearby and warrants attention.