$EGLD /ETH ā BULLISH BREAKOUT IN PROGRESS š
$EGLD is showing bullish strength against ETH, currently trading at 0.002444 with a 4.85% gain in the last 24 hours. Price remains above both MA(5) and MA(10), supported by SAR at 0.002399, indicating upward momentum. The consolidation near 0.002430ā0.002444 sets up a prime entry for continuation toward higher resistance levels.
š Trade Setup
Entry Zone:
0.002430 ā 0.002444 ETH
Take Profit Targets:
TP1: 0.002458 ETH
TP2: 0.002465 ETH
TP3: 0.002480 ETH
Stop Loss:
0.002408 ETH
š Short Market Outlook
Trend: Bullish continuation
Momentum: Moderate but gaining, confirmed by SAR and MA alignment
Key Support Levels: 0.002430 ā 0.002408 ETH
Key Resistance Levels: 0.002458 ā 0.002480 ETH
Momentum suggests a controlled upward move with opportunities for multiple profit targets while keeping risk tight.
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