Market Shock: $AGLD Long Liquidation Stirs Bearish Sentiment
A $2,007.2 long position was liquidated at $2.69424, signaling intensified selling pressure and a shift in momentum against the bulls.
This liquidation suggests the market is tilting toward a bearish bias as buyers struggle to hold their ground.
Key Details:
1. Liquidation Level: $2.69424
2. Amount Liquidated: $2,007.2
3. Market Sentiment: Bearish, as longs face liquidation under mounting sell-offs.
Next Move:
Support Level: $2.65 – A critical zone for bulls to defend. If broken, prices could fall further.
Resistance Level: $2.75 – A recovery above this level could hint at renewed bullish attempts.$AGLD
Suggested Stop-Loss Strategy:
For Longs: Place a stop-loss below $2.65 to manage risks if selling accelerates.
For Shorts: Use $2.75 as a stop-loss to secure profits if a rebound occurs.
The $AGLD market is heating up—stay vigilant as the battle between buyers and sellers escalates!