$AGLD

/USDT Technical Analysis & Trade Signal

Current Price: $1.29

Price Movement: +8.10% in the last 24 hours

24h High: $1.301

24h Low: $1.128

Technical Overview:

Trend: Bullish momentum with a recent price rise of +8.10%.

Support: Strong support at $1.13, observed during the low in the last 24 hours.

Resistance: $1.30, the highest level in the last 24 hours.

Moving Averages: Price is above the 50-day and 200-day moving averages, indicating bullish strength.

Momentum:

RSI (Relative Strength Index) could be above 70, showing potential overbought conditions in the short term. A pullback or consolidation is possible.

MACD histogram likely showing an upward trend, indicating continuation of the current bullish momentum.

Trade Signal:

Buy Signal: If the price breaks and holds above $1.30.

Sell Signal: Consider shorting if price drops below $1.13 with confirmation.

Target Levels (🎯):

1. First Target (T1): $1.35 — If momentum continues, this level could be tested.

2. Second Target (T2): $1.45 — Potential for further upside if bullish trend persists.

3. Third Target (T3): $1.55 — Aggressive price action might drive AGLD towards this level.

Risk Management: Set a stop loss at $1.12 to minimize risk, especially if the price fails to maintain above the support level. Keep an eye on the RSI and MACD for reversal signals.

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