📊 Technical Analysis: $AGLD

/USDT

The AGLD/USDT pair is currently trading at $1.065, showing a 13.34% decline over the last 24 hours. Here’s a breakdown of the key metrics and our targets for traders.

Key Data:

24h High: $1.240

24h Low: $1.035

24h Volume (AGLD): 5.33M

24h Volume (USDT): 5.88M

Current SAR: 1.297

Price Movement:

The recent trend indicates a significant bearish momentum. With a market depth of 31.593%, there are considerable sell pressures affecting the price.

Target Levels 🎯:

1. Target 1: $1.035

This level is the recent low and could act as a strong support area. A bounce here might indicate a potential reversal.

2. Target 2: $1.297

The current SAR indicates this level as a potential resistance. If the price moves up, breaking through this level would suggest a bullish reversal.

3. Target 3: $1.240

This is the 24h high, which traders should monitor for potential profit-taking and further price action.

Conclusion:

Keep an eye on these targets as the market evolves. AGLD/USDT shows signs of volatility, and strategic entries or exits around these levels may prove beneficial for traders.

Stay updated and trade wisely!

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