๐ Paradisers, let's zoom in on #EGLDUSDT as it's shaping up for an exciting market opportunity. Currently, it is showing signs of a bullish continuation from a key demand zone.
๐ Taking a glance back at #MultiversX, it's been consistently navigating a descending channel, breaking above, and then climbing upwards. Right now, the market sentiment is leaning towards selling, but hereโs the twist - EGLD seems primed for a bullish leap from the demand zone at $53.81, potentially soaring towards the major supply zone at $102.20. Itโs like gearing up for a market jump!
๐ But, as any seasoned #EGLD trader knows, crypto markets are like a game of chess. If EGLD doesnโt ride the bullish tide and instead takes a dip, it's time to consider our Plan B - rallying from a lower support level at $46.81.
๐ And a crucial point to remember: if #EGLD breaks below this support level, it's a signal to gather around the strategy table. Such a move would mean itโs time to recalibrate our strategies, adapting to the evolving market landscape. ๐ด๐ฐ