EGLD/USDT Long Opportunity Analysis



The current market trend is bullish, and based on price action and technical analysis, a relatively conservative entry plan has been set up.

The entry zone is divided into two levels—initially testing at 5.945, and if broken, adding positions at 5.766. This staggered entry can effectively reduce risk.

From these two entry points upward, I have set four target levels:
• First target 5.979
• Second target 6.103
• Third target 6.227
• Fourth target 6.351

For the safety margin, the stop-loss is set at 5.570. Once this level is reached, exit the position to cut losses.

Leverage is set at 10x, with risk isolated through a separate wallet. This configuration is relatively aggressive but within controllable limits, suitable for experienced traders. The overall approach is to strictly follow the plan and avoid emotional trading.
EGLD-4.91%
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