$EGLD /USDT BULLISH MOMENTUM BUILDING – READY TO TEST HIGHS!

$EGLD Elrond (EGLD) is showing strong bullish momentum, holding above key moving averages. Price is supported by MA(7) at 4.96 and MA(25) at 4.95, while MACD remains neutral but narrowing, suggesting buyers are stepping in. Immediate resistance sits near 5.05 – 5.11; a breakout above this zone could trigger further upside.

Trade Setup:

Entry Zone: 4.95 – 4.98

Take Profit 1: 5.05

Take Profit 2: 5.11

Take Profit 3: 5.20 (if bullish momentum sustains)

Stop Loss: 4.90

Market Outlook:

Momentum: Bullish; price above MA(7), MA(25), and MA(99), MACD flattening near neutral

Trend: Uptrend confirmed; higher lows forming

Key Levels: Support 4.95 – 4.96, Resistance 5.05 – 5.11

$EGLD

EGLD
EGLDUSDT
4.708
-4.54%

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