🚨 Big Action on $AGLD ! Short Liquidation Alert! 🔥
A $5.8295K short liquidation just hit at $1.73084, signaling a surge in buying momentum as shorts get squeezed out! This could mark the beginning of a significant move for Adventure Gold ($AGLD). Let’s break it down so you can trade smart:
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Market Insight
The liquidation shows bears are under pressure, and bulls are stepping in to push prices higher.
Momentum is building, and a breakout could be on the way.
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Key Levels to Watch
Buy Zone:
👉 $1.70 - $1.75
Look for consolidation or strength within this range to enter your position.
Targets:
🎯 Target 1: $1.85 (Immediate resistance zone)
🎯 Target 2: $2.00 (Major psychological level)
Stop-Loss:
❌ Place your stop at $1.68 to protect your capital if the trend reverses.
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What’s Next for $AGLD ?
If price holds above $1.73, expect a bullish move toward $1.85 and potentially $2.00.
If it drops below $1.70, watch for a retest of $1.68 or lower support levels.
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⚡ Pro Tip: Stay cautious, as volatility is likely to increase. Stick to your trading plan, and don’t chase the price. Managing risk is the key to success in such moves.
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