$EGLD is holding ground well against ETH on the 1-hour chart, currently trading at 0.001905 with a 24-hour gain of +1.38%. After a strong bullish impulse that topped out at 0.001947, the price has pulled back to find solid support near the 0.001900 psychological level. This correction looks like a healthy retest of previous resistance-turned-support, as buyers defend the zone ahead of the next potential leg up.
If this support zone holds, the asset looks primed to rebound and reclaim its recent highs. Clearing the immediate resistance will confirm a bullish continuation structure, paving the way for higher technical targets.
### Technical Targets
* **Target 1:** 0.001947
* **Target 2:** 0.001980
* **Target 3:** 0.002020
EGLD
3.53
-7.10%