EGLD/USDT Range Break Possibility

By SpyMk
Title: EGLD/USDT Range Break Possibility

Bias: Neutral to Bullish

Description: EGLD trading in a tight range. SMA lines flat, suggesting consolidation. RSI neutral.

Direction: Potential upside if range is broken.

Entry: Break above $45.36 (24 SMA).

Stop Loss: Below $39.59 (range low).

Targets: $46.00 (range high), $50.00 (psychological level).

Caution: If price dips below $39.59, could indicate bearish trend continuation. Keep an eye on RSI for momentum changes.
Chart PatternsTechnical IndicatorsTrend Analysis
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