🚨 $AGLD /USDT ALERT: Bearish Pressure Intensifying! 🚨
AGLD has recently experienced a strong pullback, with the price retracing from a high of 2.124 to the current level of 1.577. The 15-minute chart suggests a rapid decline after a failed attempt to hold higher levels, signaling bearish momentum that may continue if support fails to hold.
📊 Entry Price: 1.580 (Look for signs of stabilization or further downside pressure for entry)
Key Levels to Watch:
Resistance: 1.746 – Reclaiming this level would indicate a potential recovery.
Support: 1.543 – Critical support level to hold to prevent further declines.
🎯 Take-Profit Targets:
1. 1.650 – Short-term rebound target if support holds.
2. 1.720 – Medium-term target as the price attempts to regain strength.
3. 1.820 – Higher resistance if a full recovery initiates.
🔻 Stop Loss: 1.525 – Below critical support to limit downside risk if bearish momentum persists.
⚠️ Caution: Traders should be vigilant of a potential breakdown at support, which may accelerate selling pressure. Watch for a consolidation phase before entering as the market may still be volatile.
