$AGLD Liquidation Alert
⚡ A long liquidation has just occurred, with $1.4155K in positions wiped out at $2.92448.
What Does This Mean?
The liquidation at this level indicates that long traders have been caught off-guard, possibly leading to further downward pressure on the price. The $2.92448 mark now acts as a critical resistance zone, and any further attempts to break above it could face significant challenges.
Key Takeaways:
$2.92448 could now act as a ceiling, stalling upward momentum in the short term.
If the price continues to face resistance, it may trigger additional sell-offs.
Stay cautious—$AGLD may experience more volatility as the market digests this liquidation.