🔴 $EGLD Market Pulse: Catch the Wave or Miss the Boat? 🔴

EGLD is currently priced at $28.834, with a general bearish trend and minor rebounds.

🔵 Key Levels:

Strong Support: $22.205Resistances: $40.168 (40% profit), $58.086 (100% profit), $78.110 (160% profit)

🔵 Technical Indicators:

Stochastic RSI Indicator: Currently in the oversold region, suggesting a possible price rebound.

🔵 Investment Strategy:

Entry Point: Buy at current support levels (around $28), with a stop-loss order at $22.Exit Point: Set targets at resistance levels - $40 (40% profit), $58 (100% profit), and $78 (160% profit) if the upward trend continues.

Risk Management: Allocate 2-5% of capital per trade and adjust stop-loss orders as the price moves favorably.

Remember, the crypto market is volatile. Always do your own research before investing. Happy trading! 😊

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