Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (136.7). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EGLDUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 187.90
TP2= @ 217.40
TP3= @ 238.70
TP4= @ 272.55
TP5= @ 313.50
SL= Break below S2
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