#AGT Short-term Alert! The bulls are "playing dead", a pullback is brewing
Technical Alert:
Currently, AGT is playing a "narrow trampoline" in the 0.033-0.034 range, but the candlestick chart hides secrets
Long upper shadows are clustering, like being pressed down by the market makers and rubbed repeatedly!
The MACD red bars are visibly shrinking, the RSI indicator is approaching the 70 overbought line, although the 5/10 day moving averages are still pretending to climb up, the bulls are clearly starting to "slack off".
The explosive surge on May 23 can be described as the "final frenzy", thereafter the trading volume has continued to shrink, and the market has directly entered the "all-out slump" mode.
Both bulls and bears are engaged in a full-blown battle at the 0.034 mark, but the bear ammunition is clearly piling up!
Short-term operation! The current trend is like "entering sage mode after the climax", although the moving average system is still holding up the face of the bulls, the technical side has already issued a warning signal.
It is recommended to set the take-profit line at 0.032, if it falls below this "life-saving position", make sure not to be a "stubborn bronze" when it's time to escape!
