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$EGLD Signal】1H Breakout Accumulation, Targeting 4H Resistance Break
$EGLD The 1H timeframe is consolidating strongly above the EMA20 (4.574), with prices close to the key resistance zone of 4.61-4.612. The 4H timeframe has broken through the downtrend line but faces resistance at EMA50 (4.653), indicating a pre-reversal phase. Open interest remains stable, prices are firm, and bulls are clearly accumulating.
🎯Direction: Long (Breakout Follow-up)
🎯Entry/Order: Enter long on breakout above 4.625 (Reason: Break above 4H EMA50 resistance and recent high, confirming accelerated upward movement)