🚨 $AGLD Long Liquidation Alert!
A massive $16.262K long liquidation has occurred at $2.05246, shaking the market! This shows intense selling pressure, but it could also present a prime opportunity for traders. Let’s dive in and plan the next move for $AGLD!
---
🔍 Market Situation
Current Trend: Sellers have gained short-term control, driving $AGLD to test lower levels.
Support Zone: $2.00 is a critical psychological level. If it holds, buyers might step in.
Resistance Zone: $2.20 is the level to watch for any recovery attempts.
---
🔮 What’s Next for $AGLD?
The long liquidation may signal panic selling, but this could lead to a relief rally if bulls defend the key $2.00 zone. Here's how you can play this move:
---
🔥 Trading Plan for $AGLD
📈 BUY ZONE:
Aggressive Entry: $2.05 - $2.08 (catch potential bounce).
Safe Entry: $1.95 - $2.00 (strong support zone).
🎯 TARGETS:
1. Short-term: $2.15
2. Mid-term: $2.25
3. Long-term: $2.40
🛡️ STOP LOSS:
Place your stop loss at $1.90 to protect against deeper downside moves.
---
⚡ Key Indicators to Monitor
Volume: Watch for increasing buying volume around $2.00 to confirm a potential reversal.
RSI: Oversold levels below 30 could signal a bounce.
Trendline: A break above the $2.10 trendline may trigger bullish momentum.
---
Final Thoughts
If $2.00 holds, $AGLD could see a strong recovery, but failure to defend this level might send it to $1.80 or lower. Stay disciplined, trade with a clear plan, and don’t overleverage!
outlook for $AGLD? Will the bulls take control, or is more downside coming? Let’s discuss!
#USJoblessClaimsDrop #BNBBhutanReserves #ShareYourTrade #OnChainLendingSurge #USJobOpeningsSurge