$AGLD Liquidation Alert.

The short sellers are feeling the heat.

A whopping $2.2159K worth of short positions have been wiped out at the critical price level of $2.695.

What does this mean.

This liquidation could signal a surge in bullish momentum. When shorts are liquidated, it often forces traders to buy back their positions, adding fuel to the rally. Watch out for the next price movements the bulls might aim higher.

Current Market Insights:

Resistance to Watch: $2.80 – If the price breaks this level, expect a potential move towards $3.00.

Support Zone: $2.50 – A fallback here might bring some consolidation, but bulls seem to dominate for now.

What's Next.

Keep an eye on the volume and market sentiment. A breakout above resistance could trigger another round of liquidations, leading to explosive upward moves. Traders are already speculating about the next big pump.

Trade Wisely.

Whether you’re riding the bull or planning a calculated short, set your stop losses tightly. The market is volatile, and every second counts.

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