<![CDATA[EGLD – Third Touch at $12 Support Could Ignite a Major Reversal]]>EGLDUSDT_2025-10-06_17-45-30.png

EGLD has been on my radar for quite some time...
After forming a major low in April and rallying back toward the $22 zone, the coin pulled back again — effectively confirming that level as strong support.
By the end of September, price revisited the $12 area for the third time, and once again buyers stepped in decisively, triggering a solid rebound. Now, EGLD trades around $14, sitting just below a falling trendline that has capped upside momentum for months.

Technical Outlook
• Support: $12 (triple-tested, major demand zone)
• Resistance: Falling trendline around $14–15
• Soft target: $22 (key resistance and prior reversal area)

My Trading View
Given the strength of this repeated support and the contracting structure, I believe this trendline resistance is likely to break soon. If momentum follows through, EGLD could accelerate sharply to the upside, mirroring past explosive moves.
The setup remains constructive — buying dips above $12 could offer a strong risk–reward opportunity heading into the next leg higher.

]]>https://undeads.com/forum/topic/4587/egld-third-touch-at-12-support-could-ignite-a-major-reversalRSS for NodeMon, 06 Apr 2026 05:49:15 GMTMon, 06 Oct 2025 14:47:02 GMT60<![CDATA[Reply to EGLD – Third Touch at $12 Support Could Ignite a Major Reversal on Tue, 07 Oct 2025 00:44:03 GMT]]>@Pitchfork_IS_power said in EGLD – Third Touch at $12 Support Could Ignite a Major Reversal:

That $12 zone really looks like the make-or-break level 🔥 If it keeps holding and breaks above that trendline, EGLD could easily retest $20+. Strong accumulation vibes here.

Yes, indeed, 20 is a very lickely target

]]>https://undeads.com/forum/post/11731https://undeads.com/forum/post/11731Tue, 07 Oct 2025 00:44:03 GMT<![CDATA[Reply to EGLD – Third Touch at $12 Support Could Ignite a Major Reversal on Mon, 06 Oct 2025 15:13:51 GMT]]>That $12 zone really looks like the make-or-break level 🔥 If it keeps holding and breaks above that trendline, EGLD could easily retest $20+. Strong accumulation vibes here.

]]>https://undeads.com/forum/post/11686https://undeads.com/forum/post/11686Mon, 06 Oct 2025 15:13:51 GMT<![CDATA[Reply to EGLD – Third Touch at $12 Support Could Ignite a Major Reversal on Mon, 06 Oct 2025 15:10:41 GMT]]>If buyers step in now, this could be the bottom we’ve been waiting for on EGLD.

]]>https://undeads.com/forum/post/11683https://undeads.com/forum/post/11683Mon, 06 Oct 2025 15:10:41 GMT<![CDATA[Reply to EGLD – Third Touch at $12 Support Could Ignite a Major Reversal on Mon, 06 Oct 2025 15:08:45 GMT]]>EGLD has been holding that $12 line strong. A rebound here could signal a serious trend shift.

]]>https://undeads.com/forum/post/11676https://undeads.com/forum/post/11676Mon, 06 Oct 2025 15:08:45 GMT