$AGLD – Sudden Breakout Followed by Profit-Taking
$AGLD grabbed market attention after a sharp bullish spike from 0.302 to a 24-hour high of 0.440, driven by aggressive buying pressure. The chart printed a marubozu-style breakout candle, signaling strong momentum, but a quick pullback to 0.355 followed as traders booked profits. Trading volume rose to 13.10M AGLD, confirming active participation. This price action reflects classic NFT-sector volatility, where explosive rallies are often followed by short-term retracements. Holding above the 0.355 support zone could open the door for another upside attempt.
Trade Setup:
Entry: 0.345 – 0.360
Stop Loss: 0.295
Take Profit 1: 0.410
Take Profit 2: 0.445
Trade carefully—volatility remains elevated 📊🔥