The $AGLD /USDT pair is showing a potential for a bullish reversal, currently trading at around 1.123 USDT. The recent uptick in price movement indicates momentum is building.
The immediate resistance level stands at 1.152 USDT, which, if broken, could pave the way for further upside potential. Support lies at 1.098 USDT, serving as a crucial level to maintain the bullish sentiment.
For a trade entry, 1.123 USDT is a favorable level, considering the current momentum. If the upward trend persists, the first take-profit (TP1) target would be at 1.140 USDT, followed by TP2 at 1.160 USDT, and an extended TP3 at 1.180 USDT.
To safeguard against a trend reversal, a stop loss (SL) should be placed below the support at 1.090 USDT, providing a buffer in case of downside volatility.
This setup allows traders to capture potential gains with a balanced risk-to-reward ratio, leveraging the current upward momentum while having protective measures in place.
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