$AGLD /USDT: Bullish Momentum Confirmed!🔥💯
The recent price action in AGLD/USDT suggests strong bullish momentum. The breakout above the resistance zone at $2.80, as indicated in the chart, has been confirmed, and the price is holding above this level. This indicates a continuation of the uptrend, presenting an excellent opportunity for traders to take positions.
Trading Plan
1. Entry: Around $2.85-$2.90
Enter near the current price range to capture the momentum.
2. Targets:
• Target 1: $3.10
• Target 2: $3.40
Based on current trends and past resistance levels, these are realistic price targets within the ongoing bullish structure.
3. Stop Loss:
Place a stop loss slightly below the $2.75 level to protect against downside risks in case of a pullback.
Key Notes:
• Monitor the price closely for any signs of weakening volume or rejection at resistance levels.
• A break below $2.75 might invalidate the bullish thesis, so risk management is essential.
Always follow your trading strategy and manage your risk effectively!
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