🚨 $AGLD

/USDT Trading Signal 🚨

$AGLD

$1.491

-9.14%

💡 Signal Type: Bearish Momentum

📊 Timeframe: 4H Chart $AGLD

AGLD

1.502

-8.47%

🔑 Key Levels to Watch:

Support: $1.40 – A breakdown below this level could confirm bearish momentum.

Resistance: $1.65 – A bounce from this level may lead to further downside.

🎯 Trade Setup:

Entry Zone: $1.55 - $1.60

Take Profit Levels (TP):

1️⃣ TP1: $1.40 (-6.5%)

2️⃣ TP2: $1.30 (-12.0%)

Stop Loss (SL): $1.70 (+5.2%)

📝 Market Insight:

$AGLD has seen a decline of 9.14% and is showing signs of weakness. The price is approaching critical support at $1.40. A break below this level could open the door to further downside movement. Watch for a potential retracement towards $1.65 as a resistance zone.

💡 Strategy Recommendation:

Enter between $1.55 - $1.60 to short the pair if the bearish trend continues.

Secure profits at TP1, and consider trailing stop-loss for TP2 to lock in gains.

Use proper risk management and be cautious of any bullish reversals.

📢 Pro Tip: Monitor volume closely for confirmation of the downtrend!