$EGLD Short Liquidation: $9.8494K at $37.45
Current Price Action:
Price: $37.45
Liquidation Trigger: $9.8494K in short positions liquidated
Resistance: $40.00 (psychological and previous high)
Support: $35.50 (recent low zone)
What's Next?
After the short squeeze, we could see a retest of the support at $35.50.
If bulls maintain momentum and break through $40.00, next target is around $42.00.
A pullback and consolidation above $35.50 could signal continued upside.
Risk:
A drop below $35.50 could lead to a retest of $32.00, where further support lies.
Prediction:
$AGLD Bullish continuation to $40.00 or above if momentum holds. Watch for a pullback to $35.50 before potential upside.
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