$EGLD Price Reacting From Intraday Support

Price is trading around $5.78, down in the last 24 hours. After a sharp drop from the $5.97 area, price swept liquidity near $5.76 and is attempting to stabilize. On the 1H chart, volatility is high, and a short-term bounce is possible if buyers defend this zone.

Trade Setup

Entry Zone: 5.76 – 5.82

Target 1 🎯: 5.90

Target 2 🎯: 6.05

Target 3 🎯: 6.30

Stop Loss: 5.65

A strong reclaim above $5.90 with volume can trigger a recovery toward higher resistance.

Let’s go $EGLD

EGLD
EGLDUSDT
4.277
-0.07%

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