Guys $EGLD is showing an interesting rejection setup right now ⚡
Entry: 5.28 - 5.30
🎯 TP1: 5.20
🎯 TP2: 5.09
Price pushed up directly into the 5.31 resistance level and immediately showed signs of exhaustion.
Despite the recent move, structure is signaling a clear rejection at key overhead resistance.
If sellers hold this ceiling, I am expecting a pullback toward 5.20 and potentially 5.09.
Let's see if resistance holds firm 👀
Entry: 5.28 - 5.30
🎯 TP1: 5.20
🎯 TP2: 5.09
Price pushed up directly into the 5.31 resistance level and immediately showed signs of exhaustion.
Despite the recent move, structure is signaling a clear rejection at key overhead resistance.
If sellers hold this ceiling, I am expecting a pullback toward 5.20 and potentially 5.09.
Let's see if resistance holds firm 👀