Some days the market gives you a clear read, and AGT is one of them today ๐
+127% on $684M in volume. Price is building a base above $0.054โ$0.067: it doesnโt look like clear distribution; for now, it looks more like absorption and base-building.
If it confirms above the base, the $0.10โ$0.12 zone is where the stops of those who shorted the move are likely sitting. Thatโs the liquidity the market often goes after.
Below $0.047, the whole story changes โ thereโs no thesis there.
Will the market go after those stops, or will this fizzle out first? $AGT
#Crypto #Trading #Altcoins
+127% on $684M in volume. Price is building a base above $0.054โ$0.067: it doesnโt look like clear distribution; for now, it looks more like absorption and base-building.
If it confirms above the base, the $0.10โ$0.12 zone is where the stops of those who shorted the move are likely sitting. Thatโs the liquidity the market often goes after.
Below $0.047, the whole story changes โ thereโs no thesis there.
Will the market go after those stops, or will this fizzle out first? $AGT
#Crypto #Trading #Altcoins