Technical Analysis Update: $EGLD /USDT ๐Ÿ“Š

$EGLD is currently trading at $34.18, showing a notable 12.77% increase in the last 24 hours. The BOLL bands suggest a bullish trend, with the upper band at $33.69, mid band at $30.40, and lower band at $27.12.

๐Ÿ” Trading Signal: Our analysis indicates a potential continuation of the upward momentum towards $35.40. Traders could consider entering a long position, with a stop-loss at $30.00 to manage risk effectively.