$EGLD /USDT Quick Market Pulse ⚡
EGLD is trading at $7.62, slightly down -0.52%, but price action tells a more interesting story beneath the surface.
Key Stats
24h High: $7.70
24h Low: $7.43
24h Volume (EGLD): 94,703
24h Volume (USDT): $719K+
Category: Layer 1 / Layer 2
Chart Insight
Strong bounce from the $7.45 support zone, showing buyers defending aggressively.
Price recently pushed up fast, then pulled back slightly a healthy retracement, not panic selling.
Short-term trend remains constructive as long as price holds above $7.50.
Levels to Watch
Support: $7.50 → $7.43
Resistance: $7.65 → $7.70
Why It’s Interesting EGLD has been heavily beaten on higher timeframes, but short-term momentum is trying to flip bullish. Volume is steady, and structure hints at a possible continuation move if buyers step in again.
Hold support and $7.70 breakout could open the door for a fresh push.
Lose support and price may retest lower demand.
Eyes on EGLD the move may be closer than it looks.
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