$EGL1 – Weak Structure Remains
The recent correction is still unfolding. Selling volume continues rising while bullish momentum fades. Until stronger demand returns, bears remain in charge.
EGL1 continues trading below important resistance levels.
Trade Setup (Short)
EP: 0.0114 – 0.0118
TP1: 0.0109
TP2: 0.0103
TP3: 0.0097
SL: 0.0121
