$AGLD /USDT Technical Analysis & Trade Signal
Current Trend:
The price of AGLD/USDT is showing a strong bullish momentum, up 17.65% in the last 24 hours, with a breakout above $2.40. This indicates that the market is currently in a bullish phase.
Key Technical Indicators:
RSI: Likely to be above 50, indicating bullish momentum.
MACD: Showing a potential bullish crossover, confirming upward momentum.
Support: $1.990 (24h Low)
Resistance: $2.634 (24h High)
Trade Signal:
Entry: Buy at current price near $2.40, with a stop loss below $1.990 to manage risk.
Target Levels 🎯:
1. First Target: $2.50 – Price might face initial resistance here.
2. Second Target: $2.60 – Next major resistance level based on previous highs.
3. Third Target: $2.80 – If bullish momentum persists, price could push towards this level.
Trade Momentum:
Momentum: Strong bullish momentum in the short term, supported by recent price action and volume.
Potential Pullback: Watch for any pullbacks to $2.00 for possible buying opportunities.
Summary:
Buy near $2.40
Targets: $2.50, $2.60, $2.80
Stop Loss: Below $1.990
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