🚀 $AGLD is showing a potential technical setup!

The weekly chart on Bybit displays a significant long-term correction followed by a stabilization phase and potential base formation around the 0.1000-0.1500 support region.

📈 The Technical Setup:
‱ The Pattern: Potential Harmonic / W-bottom Reversal Setup
‱ Short-term Target: 0.3500 USDT
‱ Macro Objective: 0.7400 USDT
‱ Market Structure: Reversal / Accumulation Base

🎯 Key Levels to Watch:
‱ Support / Accumulation Zone: 0.1500 - 0.1800 USDT
‱ Resistance: 0.2500 - 0.3000 USDT
‱ Breakout Level: 0.2500 USDT
‱ Stop Loss / Invalidation: 0.1300 USDT

📊 Confirmation:
‱ Volume: Neutral/standard volume building at the base
‱ Momentum: Bullish reaction from long-term low support around 0.1000 USDT
‱ Trend: Transitioning from macro downtrend to potential range accumulation and reversal

⚠ Invalidation:
A decisive weekly close below the 0.1300 USDT swing low would invalidate this reversal setup.

Monitor price action near the 0.2500 resistance breakout level for possible continuation toward macro targets.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

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