EGLD is battling a fresh low on the 1‑hour chart, testing the 1,025‑1,030 zone after a sharp dip.
🔴 $EGLD SHORT 📉
Entry → $3.2458-$3.2522
Stop → $3.3465 (-3.0%)
TP1 → $3.2003 (+1.5%)
TP2 → $3.0865 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure broke below the recent swing low, triggering a CHoCH, while CVD turned bearish, confirming the move. A fair‑value gap lines up with the order block, and a liquidity sweep hit the prior swing high, giving a solid POI confluence.
A 3.0 % stop is relatively tight, so use modest leverage, around 2‑3×.
Take partial profit around the first target near 1,050.
Not financial advice — trade only what you can afford to lose 🙏
$EGLD #EGLDUSDT #SMC #TradingSignals #Write2Earn
🔴 $EGLD SHORT 📉
Entry → $3.2458-$3.2522
Stop → $3.3465 (-3.0%)
TP1 → $3.2003 (+1.5%)
TP2 → $3.0865 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure broke below the recent swing low, triggering a CHoCH, while CVD turned bearish, confirming the move. A fair‑value gap lines up with the order block, and a liquidity sweep hit the prior swing high, giving a solid POI confluence.
A 3.0 % stop is relatively tight, so use modest leverage, around 2‑3×.
Take partial profit around the first target near 1,050.
Not financial advice — trade only what you can afford to lose 🙏
$EGLD #EGLDUSDT #SMC #TradingSignals #Write2Earn