$AGT loses momentum as supply overhang caps the rebound 🩸
AGT is trading under a dense liquidity cluster near 0.016, where repeated attempts to reclaim higher levels have been met with persistent sell pressure. The structure remains burdened by the April unlock of 100 million tokens and the subsequent May distribution, leaving a heavy overhead supply profile that continues to suppress price discovery.
The market is pricing liquidity stress, not narrative strength. Retail is still leaning on the AI angle, but the order flow tells a different story: weak bid depth, trapped holders, and a book that appears to be absorbing distribution rather than initiating trend expansion. In this setup, the 0.016 area matters less as a breakout trigger and more as a liquidity magnet. Until that supply is decisively cleared, capital is likely to continue rotating toward cleaner structures with less overhead friction.
Entry: 0.016 🔻
Risk disclosure: This is market commentary, not financial advice. Crypto assets are volatile, and position sizing should always reflect defined risk parameters.
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