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【$EGLD Signal】Empty Position + Volume-Price Divergence Observation
$EGLD Shows volume-price divergence after a slight increase, with open interest rising but price stagnating. Caution is advised for potential manipulation by the main players or distribution at high levels.
🎯 Direction: Empty Position
The current market lacks a clear driving structure, and price action is ambiguous. A slight increase accompanied by rising open interest but without effective breakout indicates genuine selling pressure above. Market sentiment is hesitant, with intensified bulls and bears struggle. Entering at this point offers a poor risk-reward ratio. Wait for clearer price signals, such as volume breakout or breakdown of key structures.
Trade here 👇 $EGLD
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