🟢 $EGLD
EGLD is attempting to stabilize after a sharp pullback. Recent price action shows support developing around $4.80–$4.90, while $5.05–$5.20 remains the first major resistance zone.
📍 Entry: $4.85–$5.00
🛑 Stop-Loss: $4.62
🎯 TP1: $5.20
🎯 TP2: $5.50
🎯 TP3: $5.75
The $5.06 liquidation level is important: reclaiming and holding above it would improve momentum and potentially trigger further short covering.
⚠️ Invalidation: A sustained break below $4.62 would weaken the structure and cancel the long idea.
Wait for confirmation rather than chasing a sudden spike.
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