$AGLD / USDT: Bulls Stepping In – Base Support Holding Strong! 🛡️🔥
Adventure Gold ($AGLD) is showing resilience at the current levels. Despite the broader market fluctuations, the downside expansion has stalled, and buyers are beginning to absorb the selling pressure at this key base.
📊 Trade Setup (LONG / FUTURE):
Entry Zone: $0.317 – $0.326 🎯 (Price stabilized after recent retests)
Target 1 (TP1): $0.344 📈
Target 2 (TP2): $0.368 📈
Target 3 (TP3): $0.392 🚀
Stop-Loss (SL): $0.305 🛑 (Crucial support level to protect capital)
🔍 Technical Analysis:
Absorption over Distribution: The recent pullback failed to break the $0.31 support, indicating that big players are accumulating rather than offloading.
Momentum Shift: The RSI(14) has recovered from oversold levels and is now trending neutrally around 53.6, giving bulls plenty of room to push toward the $0.40 resistance.
Constructive Structure: As long as the $0.305 - $0.310 zone holds, the bullish structure remains intact for a mid-term reversal.
⚠️ Risk Note: Always trade with a plan! AGLD can be highly volatile. Keep your leverage moderate and keep an eye on Bitcoin’s movement, as it dictates the overall market direction.
Is AGLD ready to reclaim $0.40, or will the bears try one more dip? Share your thoughts! 👇
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