$EGLD REJECTED AT RESISTANCE — BEARS SEIZE CONTROL 🔥
Entry: 3.23 🔥
Target: 3.15, 3.10, 3.05 🚀
Stop Loss: 3.33 ⚠️
Price failed to hold above the resistance zone after a strong rally, and selling volume spiked on the rejection candle. This shift in momentum suggests sellers are now in control, with the structure turning bearish on the lower timeframes. A clean sweep below the current level could accelerate the move toward the first target.
Are you joining this short or waiting for a retest to confirm?
Not financial advice. Always manage your risk.
#EGLD #ShortSetup #Breakdown #ResistanceRejection
⚡
Entry: 3.23 🔥
Target: 3.15, 3.10, 3.05 🚀
Stop Loss: 3.33 ⚠️
Price failed to hold above the resistance zone after a strong rally, and selling volume spiked on the rejection candle. This shift in momentum suggests sellers are now in control, with the structure turning bearish on the lower timeframes. A clean sweep below the current level could accelerate the move toward the first target.
Are you joining this short or waiting for a retest to confirm?
Not financial advice. Always manage your risk.
#EGLD #ShortSetup #Breakdown #ResistanceRejection
⚡