$AGLD Next target:
To determine the next target for AGLD/USDT, let’s look at possible support and resistance levels based on the chart trends:
1. Immediate Support: The current price of 1.604 is near a support level. If it holds here, it could act as a launching point for a rebound.
2. Resistance Levels:
2.00-2.10: This area is a psychological resistance level and was recently tested. Breaking above it could signal more upside.
2.45 (Recent High): The next target would be around the recent high of 2.45. If price momentum picks up and volume supports it, AGLD might revisit this level.
3. Extended Target (If Bullish Momentum Continues): If AGLD breaks 2.45, the next Fibonacci extension level or previous price high could potentially be in the 2.80–3.00 range, but this would require strong buying pressure.
4. Downside Targets (If Selling Continues):
1.30: If the price falls further, the 25 EMA (around 1.3) may serve as a significant support level.
1.00: A critical psychological support level and potential target if bearish sentiment dominates.
Next Target Summary:
Bullish Target: 2.00, 2.45, and possibly 2.80-3.00.
Bearish Target: 1.30, and if it breaks further down, 1.00.
Monitor volume and price action closely, as these will indicate if there’s strength in either direction.
