🚨 $AGLD /USDT ALERT: High Volatility in Action! 🚨
The AGLD/USDT pair on the 1-hour chart has experienced a powerful surge, peaking at 3.200, followed by a swift pullback to its current level. The price action signals heightened volatility, with strong momentum recently shifting toward a correction phase. Traders should remain vigilant, as the market is looking for its next move!
Current Price: 1.738
Entry Price: 1.750 (consider reentry upon stability or breakout signals)
💡 Critical Levels to Watch 💡
Resistance: 2.568 – This is the immediate level AGLD needs to break for a renewed bullish push. A successful break could open the path for further gains.
Support: 1.204 – Holding above this support is crucial to prevent a deeper pullback, which could trigger panic selling.
Take-Profit Targets:
1. Target 1: 1.950
2. Target 2: 2.300
3. Target 3: 2.568
Stop-Loss Level: 1.600 – Set this stop-loss to mitigate potential losses if downward pressure intensifies.
⚠️ Caution: With such volatility, traders should watch for signs of stability around the current support. A clear breakout above 2.568 could signal a continuation of the upward trend, while a break below 1.204 may trigger further declines.
