$AGT The uptrend is still ongoing. Going short on a coin that has surged over 100% simply because you think it's hit the peak could be one of the riskiest trading decisions.
AGT has recorded a strong increase of +107.56%, but current figures indicate that the bullish trend still enjoys clear support from major traders. There are 67 whales holding long positions worth nearly $3.88 million, and almost all of them are in full profit, racking up gains exceeding $873,000 after their early entry at an average price of $0.0214238.
On the flip side, short sellers are facing significant pressure, with 51 short positions still suffering from accumulated losses nearing $500,000, and a near-complete absence of profitable positions. Additionally, the buy-to-sell ratio of 301.68% reflects the ongoing dominance of demand over supply at this moment.
These data points do not necessarily mean that the price will continue to rise indefinitely, but they indicate that trying to counter a strong trend without clear reversal signals can be extremely costly.
Personally, I still prefer to ride the bullish trend and monitor price action cautiously, as standing against momentum backed by substantial capital is often a high-risk decision. In the financial markets, numbers are the final judge, and the trend remains a trader's friend until proven otherwise.
AGT has recorded a strong increase of +107.56%, but current figures indicate that the bullish trend still enjoys clear support from major traders. There are 67 whales holding long positions worth nearly $3.88 million, and almost all of them are in full profit, racking up gains exceeding $873,000 after their early entry at an average price of $0.0214238.
On the flip side, short sellers are facing significant pressure, with 51 short positions still suffering from accumulated losses nearing $500,000, and a near-complete absence of profitable positions. Additionally, the buy-to-sell ratio of 301.68% reflects the ongoing dominance of demand over supply at this moment.
These data points do not necessarily mean that the price will continue to rise indefinitely, but they indicate that trying to counter a strong trend without clear reversal signals can be extremely costly.
Personally, I still prefer to ride the bullish trend and monitor price action cautiously, as standing against momentum backed by substantial capital is often a high-risk decision. In the financial markets, numbers are the final judge, and the trend remains a trader's friend until proven otherwise.