New Crypto Trade Alert ๐๐๏ธ๏ธ
Token: $AGLD
Direction: SHORT
Leverage: 3-5x
Research: Adventure Gold is showing bearish momentum on the 4-hour and 1-day MACD charts. The MACD line crossing below the signal line, accompanied by declining histogram bars, indicates a potential downtrend in both short-term and mid-term timeframes. This bearish divergence suggests weakening buying pressure and a possible continuation of downward price movement.
Entry Range: 1.1549$ - 1.165$
Target 1: 1.142$
Target 2: 1.127$
Mid Term
Target 3: 1.08$
Target 4: 1.04$
Stop Loss : 1.27$
Enter partially and average out your buy price as long as it remains within the entry range.
The market is going to be highly volatile in the coming few days. Remember to book some profits at each target price (TP) and move your stop-loss (SL) to breakeven. Keep in mind current market conditions and risk management. Always do your own research.
#TradersAnalysis #AGLD/USDT