【
$EGLD Signal】Pullback Long + 1H Oversold Rebound Play
The 1H timeframe is in a severe oversold zone, with the price breaking below the key support at 4.2, but the 4H cycle shows a historical demand zone between 4.15-4.18. Currently, the 1H RSI is as low as 29, indicating a technical rebound demand. Although the 4H trend remains bearish, a short-term rebound opportunity is brewing.
🎯Direction: Long $EGLD Long(
⚡Entry/Order: 4.146 - 4.188
🛑Stop Loss: 4.075
🚀Target 1: 4.320
🚀Target 2: 4.450
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and mov