$EGLD $EGLD $EGLD

EGLD/USDT Analysis (15-Minute Chart)

✨Current Analysis

Key Levels

Resistance: Immediate resistance is near the current 24h high of $22.88. Breaking and holding above this level could open up higher targets in the short term.

Support: The closest support level is around $22.49. If EGLD fails to sustain its current level, it may retest this support.

Trend Direction: Bullish or Bearish?

EGLD/USDT is showing bullish momentum, with the recent increase and the MA(5) above the MA(10). If it breaks through $22.88, the uptrend might continue.

Targets

Upside: If EGLD successfully breaks above $22.88, it may target $23.20 as the next resistance.

Downside: A move below $22.49 could lead to a decline toward the $22.03 support.

Summary

EGLD/USDT is currently in a bullish trend with potential for further upside if it breaks above $22.88. Monitoring the $22.88 resistance and $22.49 support will provide insight into the short-term direction.. . 📈🎯 #EGLD/USDT #USElections2024Countdown #NovemberMarketAnalysis #MyFamily #BinanceSquareFamily