$EGLD /USDT on the 1H chart is showing a clear short-term bearish momentum after rejection $EGLD near $3.94, followed by strong consecutive red candles and a drop toward the $3.65 support zone. The small bounce to ~$3.69 looks like a weak relief, not a reversal yet. If price stays below $3.75–$3.80, downside continuation toward $3.60 or even $3.50 is likely; however, a reclaim above $3.80 could trigger a short-term recovery toward $3.88. Overall bias: bearish unless key resistance is reclaimed.