🔥🚀 $EGLD/USDT – BULLISH REVERSAL LOADING! MARKET PREPARING FOR A STRONG UPSIDE MOVE! 🚀🔥
EGLD has bounced strongly from the 7.30 support zone, reclaiming the 8.00 level and now pushing above short-term moving averages. With MA(7) > MA(99) and price reclaiming momentum, the chart is signaling a potential bullish continuation toward the next resistance cluster at 8.50 – 8.70.
📌 TRADE SETUP (LONG POSITION)
🎯 Entry Zone:
8.05 – 8.20
🥇 Take Profit Targets:
TP1: 8.50
TP2: 8.70
TP3: 9.05
🛑 Stop Loss:
7.78 (Below 7.90 support + MA confluence)
📊 SHORT MARKET OUTLOOK
Trend: Turning bullish as price stays above MA(7) and MA(99).
Momentum: Strong bounce from major support, rising volume confirms buyers stepping in.
Key Levels:
Support: 7.90 – 7.70
Resistance: 8.50 → 8.70 → 9.05
A breakout above 8.70 will trigger a fresh bullish wave toward 9.00+.
