🚨 $EGLD AT CRITICAL LEVELS – ACT NOW! 🚨
The 15-minute chart for $EGLD shows a strong 16.65% upward momentum, climbing from its 24-hour low of 29.21 to a high of 35.89. Currently, $EGLD is consolidating around 34.89, signaling a potential breakout or retracement.
💡 Key Levels to Watch:
Entry Price: 34.89
Resistance Levels:
1. 35.89 – Recent high; a breakout here could push prices higher.
2. 36.50 – Potential next resistance zone.
3. 37.20 – Extended target for bullish momentum.
Support Levels:
1. 34.20 – Immediate support.
2. 32.95 – Key level to maintain bullish structure.
⚡ Take-Profit Targets:
1. 35.89
2. 36.50
3. 37.20
🛑 Stop Loss: Set at 32.50 to manage risk.
⚠️ Cautionary Note: Watch for increased volatility near 35.89 resistance. Failure to break above this level could result in a pullback toward 32.95. Traders should monitor volume and momentum for clearer signals.