$AGLD Short Liquidation Alert!
•A $5.0221K short position has been liquidated at $2.74582, triggering a potential rally as shorts are squeezed out of the market.
•This could be a key moment for bulls to step in and push prices higher.
Key Insights:
•Short Squeeze Effect: Liquidations often create upward pressure, sparking a price surge.
•Critical Level: The $2.75 area is crucial—watch for a solid break above this level to confirm further bullish momentum.
1. Bullish Scenario: If $AGLD holds above $2.75, expect a move toward the next resistance levels at $2.80–$2.90.
2. Bearish Risk: A failure to maintain above $2.75 could lead to a pullback toward support at $2.70–$2.65.
3. Confirmation Needed: Look for strong buying volume to validate the bullish trend before taking action.
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