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🚀 $EGLD IS BREAKING OUT — The Multiverse is Awakening?
Just caught this live on Gate.io:
EGLD/USDT is up +12.9% in 24h, smashing through resistance and printing a powerful green candle on the 4H chart — currently sitting at $3.06–$3.07.
What the charts are screaming:
4H Timeframe: Explosive move from $2.65 low → $3.10 high. Strong bullish momentum, SAR flipping supportive, and MACD curling upward with building histogram.
Daily Timeframe: Classic recovery pattern. After the brutal drop from ~$5.00 highs earlier this year, EGLD has found solid higher lows and is now aggressively reclaiming ground. Volume is confirming the move.
This isn’t just noise — it’s a textbook higher low + breakout setup in a market that’s finally showing some risk-on appetite.
Key Levels to Watch:
Resistance: $3.10–$3.25 (clear it and we’re running)
Support: $2.85–$2.95 zone (should hold on any pullback)
Next major target on continuation: $3.50–$4.00
EGLD has always been one of the most technically solid Layer-1 projects with real-world utility (Maiar, DeFi, NFTs, and that insane throughput). When it moves, it really moves.
Are we seeing the start of the next leg up in the multiverse narrative? 👀
What’s your target for EGLD this cycle? Drop it below.
#EGLD #Elrond #Crypto #Altseason #TechnicalAnalysis