Technical Analysis: AGLD/USDT โ Bullish Momentum in Play! ๐
AGLD/USDT has been on a strong upward move recently, posting a notable +10.65% increase in the last 24 hours. With price currently at $1.29, let's dive into the key technical levels and potential targets for the coming hours/days.
Key Metrics:
Current Price: $1.29 (+10.65% in 24h)
24h High: $1.304
24h Low: $1.174
Volume (AGLD): 4.32M AGLD
Volume (USDT): 5.29M USDT
SAR (Stop and Reverse): 1.196 (Key support level)
Target Levels:
1. Target 1: $1.32 ๐ฏ
The first major resistance is located at $1.318, where the price has recently tested. A break above this level could open the door to further upside, potentially pushing AGLD to $1.32. This level aligns with a psychological resistance point and previous highs.
2. Target 2: $1.35 ๐ฏ
If the bullish momentum continues, the next potential target is around the $1.35 mark. This would represent a continuation of the uptrend, and the $1.35 level could act as a strong resistance zone. Watch for volume confirmation if price approaches this region.
3. Target 3: $1.40 ๐ฏ
As AGLD continues to trend upward, $1.40 could be the next key milestone. This level is significant as a potential extension of the recent rally and might provide a solid area for profit-taking.
Support Levels:
Key Support: $1.196 (SAR) โ This level could act as a solid base for any potential pullback before further upward movement. A break below this support would suggest a possible trend reversal.
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