EGLD/USDT Bullish Continuation from Demand Zone? 👀 🚀MultiversX

15 בדצמ׳ 2023

💎 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.

💎 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 here’s 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. It’s like gearing up for a market jump!

💎 But, as any seasoned #EGLD trader knows, crypto markets are like a game of chess. If EGLD doesn’t 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.

💎 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 it’s time to recalibrate our strategies, adapting to the evolving market landscape. 🌴💰