$AGLD /USDT - Approaching Key Support Levels 🚨

Current Price: $2.108 (-12.09%)

is under heavy bearish pressure, declining significantly with a sharp drop below major EMAs.

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Key Levels to Monitor:

Immediate Resistance Levels:

$2.125 (EMA-7)

$2.231 (EMA-25)

$2.458 (EMA-99)

Critical Support Levels:

$2.069 (24-hour low)

$2.000 (psychological support)

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Technical Overview:

1. Bearish Momentum: $AGLD has consistently been rejected at short-term EMAs, reflecting strong selling pressure.

2. Volume Dynamics: Significant selling volume confirms the bearish bias, with no immediate signs of a reversal.

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Trading Plan:

Bearish Continuation Strategy:

Entry: Below $2.100

Targets:

TP1: $2.050

TP2: $2.000

Stop-Loss: Above $2.150

Recovery Scenario: If $AGLD reclaims $2.231, potential for a short-term rally toward $2.300 or higher.

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Market Sentiment: Stay cautious; momentum favors bears. Monitor for potential support near $2.000.

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