$EGLD Analysis

EGLD has successfully broken through a key resistance level and is currently retesting that zone. This retest presents an opportunity to consider entering a long position, with a tight stop loss to manage risk. The expectation is for a continuation of the upward trend towards the next resistance area.Support Area: $26.60 – $27.40Resistance Area: $32.80 – $33.50

Traders should monitor price action closely to ensure confirmation of support before committing to a position. Proper risk management is advised in case of any reversal.#EGLD/USDT

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