$EGLD
🔥🔥EGLD bounces from the bottom at $3.37.. 🔥🔥
Has the bleeding stopped, and has the recovery journey toward $5 begun?
Technical analysis:
EGLD/USDT is now at $3.669 (+1.10%), after hitting a low of $3.379 and a high of $3.705 today.
We can see a sharp drop from $4.10 on massive selling volume of 800K**, followed by a rebound with two strong green candles on volume of **108K — a sign that buyers are entering from a demand zone.
Although it is down -65% in a year**, the **+16% over 90 days offers hope for a recovery.
🎯 Trading plan:
Entry: 3.50 - 3.60
Stop loss: Close below 3.379
Target 1: 3.705
Target 2: 3.90
Target 3: 4.10
#EGLD/USDT.P
#AMANDABELLA
#CPIWatch
🔥🔥EGLD bounces from the bottom at $3.37.. 🔥🔥
Has the bleeding stopped, and has the recovery journey toward $5 begun?
Technical analysis:
EGLD/USDT is now at $3.669 (+1.10%), after hitting a low of $3.379 and a high of $3.705 today.
We can see a sharp drop from $4.10 on massive selling volume of 800K**, followed by a rebound with two strong green candles on volume of **108K — a sign that buyers are entering from a demand zone.
Although it is down -65% in a year**, the **+16% over 90 days offers hope for a recovery.
🎯 Trading plan:
Entry: 3.50 - 3.60
Stop loss: Close below 3.379
Target 1: 3.705
Target 2: 3.90
Target 3: 4.10
#EGLD/USDT.P
#AMANDABELLA
#CPIWatch