AGLD/USDT Technical Analysis & Trade Signal
Current Price: $1.749
24h High: $1.844 | 24h Low: $1.442
Price Change: +12.77%
Technical Indicators:
SAR (Stop and Reverse): 1.518 – Signals a potential trend reversal point.
Momentum: Strong bullish momentum, indicated by the +12.77% increase in price over the past 24 hours.
Support Level: 1.442 (recent 24h low)
Resistance Level: 1.844 (recent 24h high)
Trade Signal:
Trend: Bullish. The price is currently trending upward after bouncing off the 24h low of 1.442.
Entry Point: Enter at current price ($1.749) or on a slight pullback toward 1.70 for a better risk/reward ratio.
Target Levels 🎯:
1. Target 1: $1.80 (Near-term resistance; breakout target)
2. Target 2: $1.85 (Approaching 24h high, possible retracement zone)
3. Target 3: $2.00 (Psychological resistance level and next potential target)
Stop Loss: Place stop around $1.55 to manage risk, below the recent support level (1.442).
Trade Momentum:
Bullish: Momentum is strong, with a consistent upward trend and increased volume. Watch for any price retracements or breakouts above $1.84 to confirm continued bullish movement.
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