MultiversX (EGLD) is showing signs of a bullish reversal pattern known as the "Adam and Eve" double bottom, following a 6% price increase. This pattern, often indicative of a transition from a downtrend to an uptrend, has emerged after EGLD faced resistance near $5.37 in January 2026. The "Adam" leg formed sharply near $3.69, while the "Eve" leg developed more gradually, suggesting a shift from panic selling to steady accumulation. Currently trading in the mid-$4 range, EGLD is approaching a critical resistance at the 100-day moving average of $4.51. A breakout above this level could pave the way for a move towards the neckline resistance at $5.37, potentially triggering a rally to $7.05. However, failure to surpass the 100-day MA might lead to a retest of support around $3.98, which is crucial for maintaining the bullish structure.