🚀 Weekly #EGLD Bullish Analysis: Eyeing Massive Gains! 🌟
🔰 Current Scenario:
#EGLD is trading at $50.50 and has broken above the trendline and 50 EMA with strong volume. This breakout signals the start of a potential upward rally. 📈
🔰 Market Dynamics:
The price initially surged 177%, attracting long positions.
A sudden drop triggered stop-losses, wiping out long liquidity.
Now, with liquidity cleared, EGLD is gearing up to test higher levels. 🚀
🔰 Bullish Momentum Ahead:
Analysts expect the bullish trend to continue, with the potential to test previous highs. A whopping +977% gain is projected from the current price to its ATH. 🌕
Key Levels to Watch
📌 Entry: $50.50
🎯 Target: $544.25
🛑 Stop Loss (SL): $32.25
💡 Pro Tip: Stay cautious and follow your risk management strategy while riding this wave! 🌊
Are you ready for the next big move? Let’s see where EGLD takes us! 🚀✨