Trading suggestion:
. There is a possibility of temporary retracement to the suggested support line (129.90).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EGLDUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.66.
Take Profits:
TP1= @ 166.70
TP2= @ 178.85
TP3= @ 188.60
TP4= @ 212.15
TP5= @ 268.85
SL= Break below S2
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