AGT has plunged over 55% from its mid-October high of 0.080! Alaya ($AGT ) surges 25% back onto the leaderboard—is this a dead cat bounce?
Alaya (AGT) turned green again today, rising 25.09% to $0.03545 and reclaiming a spot near the top of the gainers list!
A closer look at the price action:
1. Price more than halved: In mid-October, the price peaked at $0.078–$0.0800. Following earlier large token unlocks and distribution, it has since plunged over 55%;
2. No fundamental catalysts: No new official product launches today.
Conclusion: This is definitely not the start of a second major rally—just a technical dead cat bounce after a steep drop that more than halved the price. $0.0300 is the key psychological support level; a break below it would signal the end of the rebound!
#AGT #Alaya
$AGT
Alaya (AGT) turned green again today, rising 25.09% to $0.03545 and reclaiming a spot near the top of the gainers list!
A closer look at the price action:
1. Price more than halved: In mid-October, the price peaked at $0.078–$0.0800. Following earlier large token unlocks and distribution, it has since plunged over 55%;
2. No fundamental catalysts: No new official product launches today.
Conclusion: This is definitely not the start of a second major rally—just a technical dead cat bounce after a steep drop that more than halved the price. $0.0300 is the key psychological support level; a break below it would signal the end of the rebound!
#AGT #Alaya
$AGT