Will $AGT regain its former glory? I DON’T THINK SO!
Today, AGT surged again by more than 80% after an aggressive rebound. Although this percentage is really very high by current market standards, it will be difficult for this trend to continue.
First of all, it looks like we’re entering another “pump and dump” season. It’s been quite a while since any coin had a sustained upward trend, and even if one did, it would last for 3 days at most.
I think it’s unlikely that AGT will be the coin to break this trend in the coming days; so, even if its rally lasts 1 to 2 days, it will eventually fall.
I think it fits well with our gradual short-selling strategy. Let’s keep a close eye on it together! Do your own research!