$EGLD /USDT BULLISH CONTINUATION SETUP
Market Structure:
EGLD is maintaining a strong bullish structure with higher highs and higher lows on the intraday timeframe. The recent breakout above the consolidation zone confirms continuation strength. Momentum indicators remain supportive of further upside expansion.
Trade Setup (LONG):
Entry Zone: 7.85 – 8.05
Stop Loss: 7.45 (Below key demand & structure support)
Targets:
TP1: 8.45
TP2: 8.85
TP3: 9.30
A sustained hold above the entry zone will likely push price toward upper supply levels with increasing volume confirmation.
Risk Management:
Risk only 2–3% of total capital per trade. Secure partial profits at TP1 and move stop loss to breakeven to protect capital.
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EGLDUSDT
Perp
8.015
-2.64%
