$AGLD /USDT Analysis – Bullish Reversal Gaining Strength
#AdventureGold (AGLD) is showing signs of a potential bullish reversal after rebounding from the 24-hour low of $1.021. Currently priced at $1.054, it's trading with a 1.64% gain, suggesting buyers are beginning to reclaim control.
This upward shift follows a clear bounce off a strong support zone, with several green candles forming consecutively on the 30-minute chart. The short-term price action indicates a series of higher lows, hinting at growing bullish pressure. If the price sustains above $1.050, a move toward the previous resistance of $1.110 is likely.
Once the $1.110 level is broken with volume confirmation, the next key target sits around $1.200, a psychological level that could trigger more buying interest and bullish continuation.
Key Levels to Watch:
Immediate Resistance: $1.110
Major Breakout Target: $1.200
Support Zone: $1.030 – $1.020
Outlook:
Momentum is slowly shifting in favor of the bulls. A successful breakout above $1.110 could open the doors for a rally toward $1.200. Traders should monitor volume and price action closely for confirmation. Holding above the $1.030 level is key to maintaining bullish structure.
Buy and Trade here on $AGLD