MultiversX (EGLD) Poised to Reclaim $100 — Bullish Stance
I expect EGLD (MultiversX) to break past $100 again as momentum and on-chain activity support higher prices. I’m bullish on the token’s prospects and positioning.
I’ll stay allocated and look for confirmation on higher timeframes while managing risk. I prefer scaling in on pullbacks rather than chasing a breakout.
Analysis
Recommendation
Strong-buy stance: scale into positions on weakness, use tight risk management (stops below recent support), and take profits near resistance or if momentum fades.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.