BINANCE:EGLDUSDT   EGLD / TetherUS
Looking at the 4H chart, price was rejected at 130, then price started heading downward, if this pattern persists, our next stop will be at our support at 92.

This is a ranging market, bouncing between support and resistance and the trend line acting as support and resistance gives a clear interpretation of price action

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.