$EGLD long watch: 4.006–4.018 on the 4H
Buyers need to hold this support. Momentum is neutral, so I'll watch for a reaction here.
What I'm seeing:
- 4.01 is below EMA50 at 4.28; a bounce attempt under the trend
- Daily above EMA200 at 3.99; trend structure favors buyers
- Risk 1.8% to stop vs 2.9% to TP3; offers a solid risk-reward
🟢 LONG · Entry 4.006–4.018 · TP 4.056 / 4.085 / 4.129 · SL 3.939
NFA · DYOR
Buyers need to hold this support. Momentum is neutral, so I'll watch for a reaction here.
What I'm seeing:
- 4.01 is below EMA50 at 4.28; a bounce attempt under the trend
- Daily above EMA200 at 3.99; trend structure favors buyers
- Risk 1.8% to stop vs 2.9% to TP3; offers a solid risk-reward
🟢 LONG · Entry 4.006–4.018 · TP 4.056 / 4.085 / 4.129 · SL 3.939
NFA · DYOR