$EGLD is setting up for a weekly rebound from the lower channel edge 🧐
The tape is sitting right where reversal hunters pay attention: the bottom of a descending weekly structure, where liquidity often gets swept before price tries to breathe higher. If buyers step in here, it could force shorts to cover and create a clean bounce as the market hunts for the next pocket of supply.
Not financial advice. Manage your risk and protect your capital.
#EGLD #Crypto #Altcoins #Trading #TechnicalAnalysis
✌️
The tape is sitting right where reversal hunters pay attention: the bottom of a descending weekly structure, where liquidity often gets swept before price tries to breathe higher. If buyers step in here, it could force shorts to cover and create a clean bounce as the market hunts for the next pocket of supply.
Not financial advice. Manage your risk and protect your capital.
#EGLD #Crypto #Altcoins #Trading #TechnicalAnalysis
✌️