$AGT I am watching AGT at $0.0737 after a +203% pump, and I am not chasing it
Live Binance: $AGT $0.0737 +203.58% | H $0.07579 L $0.02302 | 24h Vol $399.58M
I saw this pump from $0.023 to $0.075 in one move. That is not a normal breakout, that is a vertical pump. I have seen these before, they trap late buyers.
My worry is funding. Funding is 0.10239% per 4h, longs are paying shorts a lot. Longs are 60.76%, shorts are 39.24%. Longs are crowded at the top. When funding is this high, longs are the ones who get squeezed if price stalls.
If $0.07579 breaks with volume, I will accept I was wrong and look for $0.07844. But until then, I am not buying the top.
My plan is simple. I am not buying $0.0737 in the middle. If we lose $0.06676 with a close below, I look short toward $0.05509, stop above $0.07579. If we hold $0.06676 and reclaim $0.07579, I look long toward $0.07844. Risk 1 to 2% only, 5x to 10x isolated max. This coin can move 20% in minutes.
Tell me, do you think $0.07579 breaks or $0.06676 breaks first?
Comment UP if $0.07579 breaks, DOWN if $0.06676 breaks.
Tap to trade this $0.06676 test, trade on this same coin $AGT
#AGT
Live Binance: $AGT $0.0737 +203.58% | H $0.07579 L $0.02302 | 24h Vol $399.58M
I saw this pump from $0.023 to $0.075 in one move. That is not a normal breakout, that is a vertical pump. I have seen these before, they trap late buyers.
My worry is funding. Funding is 0.10239% per 4h, longs are paying shorts a lot. Longs are 60.76%, shorts are 39.24%. Longs are crowded at the top. When funding is this high, longs are the ones who get squeezed if price stalls.
If $0.07579 breaks with volume, I will accept I was wrong and look for $0.07844. But until then, I am not buying the top.
My plan is simple. I am not buying $0.0737 in the middle. If we lose $0.06676 with a close below, I look short toward $0.05509, stop above $0.07579. If we hold $0.06676 and reclaim $0.07579, I look long toward $0.07844. Risk 1 to 2% only, 5x to 10x isolated max. This coin can move 20% in minutes.
Tell me, do you think $0.07579 breaks or $0.06676 breaks first?
Comment UP if $0.07579 breaks, DOWN if $0.06676 breaks.
Tap to trade this $0.06676 test, trade on this same coin $AGT
#AGT
