$EGLD

EGLD

5.89

-4.84%

BEARISH SETUP ANALYSIS

$EGLD is showing bearish pressure after failing to sustain above the $15.20 resistance. Momentum indicators suggest a potential drop toward key support levels.

Entry: $14.98

Targets (TP): $14.60 / $14.45 / $14.30

Stop Loss (SL): $15.45

Watch for strong selling near resistance zones and confirm breakdown below $14.80 for higher probability bearish trades.

Risk management: Use tight stop loss and limit position size to control downside risk.

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