Technical analysis by GoldenRule365 about Symbol EGLD: Buy recommendation (6/3/2025)

EGLD - Never traded this coin but looks like an entry point is available. Fallen barely outside the Ascending Parallel Price Channel. Estimate of 3 weeks for recovery back to the dotted white average line inside the channel near $21.61 for a 35% possible gain.As you can see when Bearish SuperTrend is showing red it stays red for months but when it flips to Bullish Green it produces great gains.Was Descending for about 4 months before forming this current Ascending channel which started beginning of April.