#MarketRebound
📊 Trade Setup: MultiversX ($EGLD /USDT)
EGLD is currently printing a "Rounded Bottom" pattern on the hourly timeframe. While the 200-day moving average remains a hurdle, the current 50-day EMA is sloping up, indicating a shift in short-term momentum. We anticipate a liquidity hunt toward the $6.40 supply zone to clear out late shorts.
Trade Type: Buy 🟢🟢
Leverage: 20x - 25x
Entry Zone: Current Market Execution
Exit Strategy:🎯
✅ TP 1: 6.183
✅ TP 2: 6.304
✅ TP 3: 6.404
👉Pro Tip: Secure 40% of your profits at TP1. If you are using 25x leverage, reaching your final target of 6.404 represents a ~5.5% price increase, resulting in a solid +137% ROI! Move your SL to entry as soon as the price clears $6.25.
#EGLD #BuyTheDip #StrategyBTCPurchase #CPIWatch
🟢🟢