EGLD is perched just below the 1.38 ceiling after a sharp 3% dip. Momentum looks primed for a bounce.
đą $EGLD LONG đ
Entry â $3.9291-$3.9369
Stop â $3.8150 (-3.0%)
TP1 â $3.9920 (+1.5%)
TP2 â $4.1296 (+5.0%)
R/R 1:1.7 âą Confidence 64%
The market structure broke to the upside (CHoCH) and volume (CVD) surged, confirming buying pressure. A fair value gap aligns with an order block, and a liquidity sweep just cleared the lower zone, creating a POI where the OB and FVG overlap.
A 3.0% stop translates to roughly 0.04 price points, so a tight SL; keep leverage at 5x or lower to stay within a 1:1.7 reward ratio.
Take half off the table once price hits the first target around 1.45.
Not financial advice â trade only what you can afford to lose đ
$EGLD #EGLDUSDT #FSBWarnsCrossBorderStablecoinRulesRemainUnderdeveloped #TradingSignals #Write2Earn
đą $EGLD LONG đ
Entry â $3.9291-$3.9369
Stop â $3.8150 (-3.0%)
TP1 â $3.9920 (+1.5%)
TP2 â $4.1296 (+5.0%)
R/R 1:1.7 âą Confidence 64%
The market structure broke to the upside (CHoCH) and volume (CVD) surged, confirming buying pressure. A fair value gap aligns with an order block, and a liquidity sweep just cleared the lower zone, creating a POI where the OB and FVG overlap.
A 3.0% stop translates to roughly 0.04 price points, so a tight SL; keep leverage at 5x or lower to stay within a 1:1.7 reward ratio.
Take half off the table once price hits the first target around 1.45.
Not financial advice â trade only what you can afford to lose đ
$EGLD #EGLDUSDT #FSBWarnsCrossBorderStablecoinRulesRemainUnderdeveloped #TradingSignals #Write2Earn