The $AGLD market has just experienced a significant short liquidation from $1.044K to $2.77665, creating a storm of volatility.
This movement is setting the stage for intense price action, and it is far from over.
If you are in a long position, it’s time to secure your approach.
The market is now on edge, and price movements could happen at any moment.
Adjust your stop loss immediately to protect your profits while giving the trade some room for a possible additional rise.
The volatility unleashed by the liquidation could fuel a strong rebound, but the risk of a pullback is equally real.
As the next step, securing your stop loss is non-negotiable.
Make sure it is positioned strategically—tight enough to guard against sudden drops, but not so tight that it gets hit by normal market noise.
The market's reaction in the coming hours will tell the real story—stay alert to key support and resistance levels.
Prepare for anything. The market is completely open, and while the potential rewards are huge, the risks are equally significant.
Keep your stop loss under control and your strategy solid to navigate this exciting roller coaster.
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