The recent bullish movement of $AGLD /USDT is a clear indication of a potential breakout and strong upward momentum. Observing the 30-minute chart, the asset has shown remarkable strength over the past week, with gains of nearly 60% in just 7 days and over 170% in 90 days. Such a steep climb reflects growing market confidence and buying pressure.
For those considering entry, now appears to be a strong moment as the price continues to test resistance near $2.65. The recommended entry point for this trade is $2.65-$2.70, with a short-term target of $3.00 and a medium-term target of $3.20, aligning with the next levels of resistance. To mitigate risk, it is essential to set a stop loss around $2.40, slightly below recent support levels, to safeguard against potential pullbacks.
Remember, while this trend appears strong, it’s crucial to manage your risk appropriately and monitor market conditions closely.
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