$AGLD Short Liquidation: $5.0119K at $2.64342

A $5.01K short liquidation at $2.64342 shows that bulls are gaining control. This move could signal further upside potential if momentum continues. Let’s break down what’s next for $AGLD !

Key Levels to Watch:

Support Zone:

$2.6000–$2.6400: Strong buying interest here indicates a solid base for bulls.

Resistance Zone:

$2.7000: A breakout above this level could trigger a rally to higher targets.

Momentum Check:

Bulls have the upper hand post-liquidation. Sustained buying pressure and higher volume are key for further upside.

Next Moves for Traders:

For Buyers:

Buy Zone: $2.6200–$2.6500 for a safer entry.

Targets:

Target 1: $2.7000

Target 2: $2.7500

Stop-Loss: $2.5900 to protect against downside.

For Sellers:

If price gets rejected near $2.7000, short positions targeting $2.6400 may work. Use a stop-loss above $2.7200.

For Scalpers:

Trade between $2.6400–$2.7000. Quick moves within this range can yield fast profits.

Pro Tip:

Volume Confirmation: Strong volume at resistance confirms a breakout; low volume may signal a pullback.

Patience Wins: Let the market confirm direction before entering large positions.

$AGLD is heating up—stay focused and trade with precision!

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