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.
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.