$EGLD /USDT – Base Formation Play

EGLD is stabilizing near its recent low after a heavy sell-off. Sellers look exhausted near 7.43, hinting at a possible short-term reversal.

Support: 7.40 – 7.25

Resistance: 7.85 – 8.30

Targets 🎯: 7.85 → 8.10 → 8.48

Stoploss: 7.20

Market Insight: Sideways consolidation after a dump often leads to a relief bounce if volume steps in.

#egls

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EGLD
EGLD
7.61
-0.78%