The $AGLD market just experienced a significant short liquidation of $1.044K at $2.77665, creating a firestorm of volatility.
This move is setting the stage for intense price action, and it’s far from over.
If you're in a long position, it's time to lock in your focus.
The market is now on edge, and price swings could happen at any moment.
Adjust your stop loss immediately to protect your gains while giving the trade some breathing room for further upside.
The volatility unleashed by the liquidation could fuel a sharp rally, but the risk of a pullback is just as real.
As a next move, securing your stop loss is non-negotiable.
Ensure it’s positioned strategically—tight enough to protect against sudden downturns, but not so tight that it gets hit by normal market noise.
The market’s reaction in the next few hours will tell the real story—stay on top of key support and resistance levels.
Be prepared for anything. The market is wide open, and while the potential rewards are huge, the risks are equally significant.
Keep your stop loss in check and your strategy solid to navigate this thrilling ride.