$EGLD ALERT: Trade Setup for a Crucial Move! ๐จ
$EGLD is consolidating at $37.24 after a strong rally from $35.58, showing resistance at $40.37 and support at $35.58. The chart indicates a potential breakout or retracement, with high volatility expected.
๐ก Trade Setup:
โข Long Entry: Above $38.50 with targets at $39.50, $40.37, and $41.50. Stop loss: $36.80.
โข Short Entry: Below $36.50 targeting $35.50, $34.80, and $33.50. Stop loss: $38.00.
๐ Market Bias:
A breakout above $38.50 signals bullish momentum, while rejection at $38 could lead to a bearish retracement. Stay sharp!
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