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Crypto-By-Ghazi
Apr 19, 2023 7:57 AM

EGLD/USDT: Potential Breakout and Bullish Move Long

EGLD / TetherUSBinance

Description


EGLD/USDT has been showing signs of a potential breakout on the chart. Based on technical analysis, there is a possibility of a bullish move ranging from 150-250% in the mid-term.

Investors should closely monitor the support and resistance levels for confirmation of the breakout. Additionally, it is important to pay attention to the trading volume to gauge market sentiment. To manage risk, stop-loss orders can be set below the support level.

Overall, if the breakout occurs, EGLD/USDT could provide a profitable opportunity for investors.



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