#EGLD IS STILL STRUGGLING TO HOLD THIS KEY LEVEL
As one of the major supports at the price range of 21-25 since 2020 and 2023 was able to hold the price of #EGLD, we have identified the possible key levels where it would most likely retrace. We've used the price range 33-38 to measure the harmonic pattern and as well as calculate the possible retracements using Fibonacci. This token has closed on top of its retest key level and is now showing signs of weakness at price 31-33 where many impulses have already happened. Signifying the intent of sellers to push down the price.
Stay wise, trade cautiously.
