$EGLD — Reversal Bounce Setup 🚀
Price rejected at 5.37, corrected, and is now stabilizing around 5.14. MA7 curling up and structure reclaiming short-term control 👀. Holding above 5.05–5.00 demand supports bullish continuation. Compression near MA25 signals breakout loading 💥
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EGLDUSDT
Perp
4.94
-6.49%
BTC
68,762.46
-1.52%
ETH
1,979.38
-5.07%
🔺 Long bias remains active above 5.00 support
📊 Trade Setup
🟢 Entry Zone: 5.08 – 5.15
🛑 Stop Loss: 4.95
🎯 TP1: 5.30
🎯 TP2: 5.37
🎯 TP3: 5.60