$AGLD /USDT Analysis (15-Min Chart)!š„šÆ
The chart shows a consolidation phase after a recent uptrend, indicating indecision in the market. Price is forming a higher-low structure, suggesting potential bullish continuation. The resistance at $2.80 and support near $2.50 define the current range.
Long Setup:
ā¢ Entry: $2.65 (upon breakout above recent consolidation)
ā¢ Target: $2.80 and $3.00
ā¢ Stop Loss: $2.50
Short Setup:
ā¢ Entry: $2.50 (if price breaks below support)
ā¢ Target: $2.30
ā¢ Stop Loss: $2.65
Market Outlook:
The market leans bullish as long as it holds above $2.50. A breakout above $2.80 will confirm further upward momentum. However, a failure to sustain above $2.50 could reverse the trend. Trade cautiously and watch for volume confirmation.
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