#AGIXUSDT $AGIX AGIX Daily Market Professional Interpretation
Today's AGIX market presents a complex situation of long and short interweaving. Specifically, the 1-hour and 2-hour levels both point to the short side, while the 4-hour level is clearly on the long side. In this situation, we will focus on the long-short watershed at the 4-hour level, that is, the key price of 0.6309.
If the market continues the short trend, the lower support level will become our primary focus of observation. Specifically, the three prices of 0.6086, 0.5618 and 0.5019 will be important test points for the strength of the shorts. Once the price falls below these support levels, it may further intensify the downward momentum of the market.
However, we cannot ignore the power of the bulls. If AGIX can stabilize and rebound here, the upper target price will become our focus. The three prices of 0.6760, 0.6973 and 0.7154 will be the initial challenge points for the strength of the bulls. If the price can successfully break through these resistance levels, it may indicate that the market is about to usher in a wave of rising prices.
Here, I suggest that investors remain highly vigilant, keep a close eye on the market, and capture the changes in the long and short forces in real time. By accurately grasping the trend of each wave of the market, we can make more sensible investment decisions. Remember, watching the market short-term is the key to grasping market dynamics.
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