$EGLD is trading around the 6.30 zone and showing a strong recovery from the recent dip on the 1H chart. Price has reacted well from key support, indicating buyers are stepping back in and momentum is shifting bullish in the short term.
Support: 6.15
Resistance: 6.38
Entry: 6.22 – 6.30
TP1: 6.38
TP2: 6.55
TP3: 6.80
Stop-Loss: 6.05
If $EGLD
EGLDUSDT
Prep
6.292
+0.36%
holds above the 6.22 support zone, price can continue its upside move toward the 6.38 – 6.80 resistance area.
Risk management: Use proper position sizing and strictly respect the stop loss.