MultiversX (EGLD) is showing relative strength in the Layer 1 rotation
I’m watching a cautious long setup 👇
📍 Entry: 2.71 – 2.76
🎯 TP1: 2.82 (+2% ~ +4%)
🎯 TP2: 2.86 (+4% ~ +5.5%)
🎯 TP3: 2.95 (+7% ~ +9%)
🛑 SL: 2.64 (-2.5% ~ -4.5%)
Risk/Reward looks acceptable if price holds above 2.71.
Only enter if support holds — no FOMO at 2.76 resistance.
⚠️ Risk Warning: This is a narrative-driven L1 rotation move. Crypto is extremely volatile. You can lose your entire capital. Only trade with money you can afford to lose. This is not financial advice. DYOR!
#EGLD #MultiversX $EGLD