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$EGLD Signal】Long - 4H breakout pullback confirmation, 1H recharging and ready to go
$EGLD The 1H timeframe is oscillating narrowly above a key support level, with price tightly hugging the EMA20 (5.22). This is a typical breakout followed by a pullback confirmation pattern. The 4H candle has closed bullishly for several consecutive periods, breaking through the recent downward trendline, indicating an emerging bullish pattern. Currently, the price is hovering around 5.22, which is an excellent setup point for short-term entry.
🎯Direction: Long (Long)
🎯Entry/Order: 5.215 - 5.225 (Reason: 1H