$AGLD /USDT – Downtrend Confirmation
Entry Zone: $2.15 - $2.25
Targets: $2.00 / $1.85 / $1.75
Stop Loss: Above $2.30
Market Analysis:
AGLD/USDT is showing clear signs of a downtrend after failing to hold above the $2.50 resistance. The current price action suggests increased selling pressure as it consolidates below $2.25. The breakdown of support levels around $2.20 could accelerate bearish momentum toward $2.00 and lower targets.
Key Observations:
24h High: $2.496 – Heavy rejection at this zone.
24h Low: $1.659 – Likely to be retested if momentum persists.
Volume: Declining, signaling possible weakening of buying interest.
Next Move:
Monitor price action near $2.20. A confirmed close below this level with volume will validate short positions. Adjust stop loss levels to secure profits as the price approaches the targets.
