$AGLD is approaching a key supply zone where bearish pressure could return. Strong rejection from this area may trigger the next downside move.
Trading Plan – Short $AGLD
Entry: 0.160 – 0.170
SL: 0.180
TP1: 0.150
TP2: 0.140
TP3: 0.130
The recent bounce has pushed price back into a major resistance area, but the overall structure still favors the bears. If buyers fail to establish acceptance above this supply zone, sellers could regain control and drive price toward the liquidity resting below the recent swing lows.
Trade with proper risk management and stay disciplined.
DYOR (Do Your Own Research).
Trading Plan – Short $AGLD
Entry: 0.160 – 0.170
SL: 0.180
TP1: 0.150
TP2: 0.140
TP3: 0.130
The recent bounce has pushed price back into a major resistance area, but the overall structure still favors the bears. If buyers fail to establish acceptance above this supply zone, sellers could regain control and drive price toward the liquidity resting below the recent swing lows.
Trade with proper risk management and stay disciplined.
DYOR (Do Your Own Research).