Technical Analysis: $AGLD

/USDT

As AGLD/USDT trades at $1.168, the market shows strong bullish momentum, having increased 11.24% in recent sessions. Traders should keep an eye on the following target levels as potential points for action:

Target 1: $1.222

This level represents the recent 24-hour high and serves as an initial resistance point. A breakout above $1.222 could signal continued upward momentum, attracting additional buyers to the market.

Target 2: $1.250

If bullish sentiment persists, the next target is set at $1.250. This price level is significant as it has previously experienced selling pressure. A successful breach here may encourage traders to seek further gains.

Target 3: $1.300

The psychological level of $1.300 is our final target. A close above this price could indicate a strong bullish trend and potentially trigger a new wave of buying, leading to a sustained rally.

Current Market Data:

24h High: $1.222

24h Low: $1.050

24h Volume (AGLD): 4.73M

Moving Averages:

MA(2): $1.105

MA(25): $1.047

MA(99): $0.963

As AGLD approaches these key levels, traders are advised to utilize proper risk management strategies and closely monitor market conditions.

Happy trading and stay tuned for further updates!