📊 AGLD/USDT 4-Hour Chart – Long Setup

🔍 Technical Overview

Trend Reversal: AGLD has broken out of a descending trendline, signaling the start of a new bullish wave. 

Support Levels: $0.991 and $0.927 

Resistance Levels: $1.103 and $1.118 

✅ Entry Strategy

Breakout Entry: Consider entering a long position if AGLD breaks and closes above $1.103 with strong volume.

Pullback Entry: If AGLD retraces to the support zone around $0.991 and shows signs of a bullish reversal, it may present a buying opportunity.

🎯 Take-Profit Targets

TP1: $1.12

TP2: $1.18

TP3: $1.29 

🛑 Stop-Loss Placement

Breakout SL: Below $1.00

Pullback SL: Below $0.95

📈 Indicators to Monitor

RSI: Currently around 82.45, indicating overbought conditions. Monitor for potential pullbacks. 

MACD: Look for bullish crossovers to confirm upward momentum.

Volume: Increasing volume on upward price movements can confirm the strength of the trend.

⚠️ Risk Management Tips

Position Sizing: Risk no more than 1–2% of your trading capital on a single trade.

Risk-Reward Ratio: Aim for a minimum of 2:1 to ensure potential profits outweigh losses.

Market Conditions: Stay updated on news and events that might impact $AGLD 's price.