$EGLD SHORT LIQUIDATION ALERT 🔥

💥 Trade Details:

Liquidated Short: $8.6693K

Entry Point: $36.875

Current Ask: $36.875

Target: 🚀 $42.00 (targeting 14%+ upside!)

Stop Loss: 🛑 $34.00 (tight stop to limit downside risks)

📊 Trade Overview:

EGLD has liquidated a major short position at $36.875, signaling potential bullish strength! Buyers appear to have taken control, and the momentum could push prices higher in the short term. This is an exciting opportunity, but always proceed with caution and manage risks effectively.

💥 Target Action Plan:

1. Bullish Target: We’re eyeing $42.00, a 14% gain from the entry point. If EGLD hits this target, secure profits and consider scaling out.

2. Stop Loss: Set at $34.00 to protect your position against sudden bearish reversals.

3. Market Monitoring: Watch closely for resistance around $40.00–$42.00. Breaking through these levels could indicate further upside potential.

🚨 Key Risks:

Sudden market reversals could push EGLD below the stop loss.

Resistance near $40.00 may slow down the rally.

🔑 Next Steps:

If EGLD approaches $42.00, take partial profits or secure your position.

If it drops below $34.00, exit the trade to minimize losses and reassess market conditions.

⚡️ Strategy Tip: Tighten your stop loss as EGLD moves upward to lock in profits while allowing room for further gains.

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⚠️ Disclaimer: Crypto trading involves significant risks. Always do your own research and invest only what you can afford to lose.

🚀 EGLD is gaining momentum—stay sharp and make the most of this exciting opportunity! 💥

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