EGLD/USDT 4H Analysis
We’re currently at a strong resistance zone (red) where the price has been rejected multiple times in the past. After another rejection at this level, it’s clear this area remains a key hurdle for bulls.
✅ What needs to happen:
A breakout above this resistance zone is crucial for the price to rally further.
Watch for confirmation with increased volume and strong bullish momentum after the breakout.
🚨 Plan:
Until the resistance is broken, the upside remains limited. Stay cautious and wait for confirmation before entering any long trades.
What’s your take? Let’s discuss below! 🚀
✅ What needs to happen:
A breakout above this resistance zone is crucial for the price to rally further.
Watch for confirmation with increased volume and strong bullish momentum after the breakout.
🚨 Plan:
Until the resistance is broken, the upside remains limited. Stay cautious and wait for confirmation before entering any long trades.
What’s your take? Let’s discuss below! 🚀
WiVERIDERS
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
WiVERIDERS
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.