$AGLD /USDT – Downtrend Signals Observed
Entry Zone: $2.10 - $2.30
Targets: $2.00 / $1.85 / $1.75
Stop Loss: Above $2.35
Market Insights:
AGLD has shown a clear rejection from the $2.50 resistance zone, signaling a potential continuation of the downtrend. The bearish momentum is evident, with lower highs forming and increased selling pressure near $2.20. Key support levels at $2.00 and $1.85 are areas to monitor for a potential bounce or further breakdown.
Next Move:
Traders should wait for confirmation of the price holding below $2.20 with increased volume before entering short positions. Managing risk by adjusting stop losses and booking partial profits at key support levels is advisable.
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