$EGLD Daily Outlook: Liquidity Play Incoming?

$EGLD is showing mixed signals, but the broader trend still leans bearish. 👀

I’m watching for a liquidity sweep below 3.61 this could trigger a sharp manipulation wick before a potential bullish reversal.

Key Scenarios:

Bullish Setup:

If price dips below 3.61 and shows a strong bullish reaction, look for a reclaim entry.

Targets: 3.97 → 4.17

Stop-loss: Just below the wick low

Bearish Setup:

If price pushes above 4.63 and quickly rejects (fake breakout), it could be a trap.

Short targets: 4.17 → 3.97

Trend Shift Trigger:

A strong daily close above 4.63 with solid volume flips the bias bullish.

Stay patient — this looks like a classic liquidity game before the real move.

#CryptoTrading #EGLD #Altcoins #TechnicalAnalysis #CryptoSignals $EGLD

EGLD
EGLDUSDT
4.248
+2.60%