I am watching $AGT at $0.0749 after a +200% pump, and I think it has no power left.
I saw AGT go from $0.02272 straight to $0.08299 in one vertical move. That is not a normal breakout, that is exhaustion. Now it is stuck at $0.07490, trying to hold, but the momentum is gone.
I have seen these pumps before. When a coin goes +200% in a day, late buyers buy the top, and then price slowly bleeds back to where it came from. For me that home is $0.02272. I am not saying it goes there in one candle, but that is the direction if $0.08299 fails.
My levels are clear. $0.08299 is the top that must hold for bears. If we close above it, my short idea is wrong. Below, $0.05948 is first support, then $0.04622, then $0.03296.
My plan is simple. I am shorting near $0.07490, stop above $0.08299, target $0.05948 and $0.04622. Long only if $0.08299 reclaims with volume. Risk 1 to 2% only, 5x to 10x isolated max. This coin can move 20% in minutes, I am keeping size small.
Tell me, do you think AGT goes back home to $0.02272 or does $0.08299 break first?
Comment HOME if it goes back home, UP if $0.08299 breaks.
Tap $AGT to trade this $0.08299 top, trade on this same coin.
#AGT #Write2Earn
I saw AGT go from $0.02272 straight to $0.08299 in one vertical move. That is not a normal breakout, that is exhaustion. Now it is stuck at $0.07490, trying to hold, but the momentum is gone.
I have seen these pumps before. When a coin goes +200% in a day, late buyers buy the top, and then price slowly bleeds back to where it came from. For me that home is $0.02272. I am not saying it goes there in one candle, but that is the direction if $0.08299 fails.
My levels are clear. $0.08299 is the top that must hold for bears. If we close above it, my short idea is wrong. Below, $0.05948 is first support, then $0.04622, then $0.03296.
My plan is simple. I am shorting near $0.07490, stop above $0.08299, target $0.05948 and $0.04622. Long only if $0.08299 reclaims with volume. Risk 1 to 2% only, 5x to 10x isolated max. This coin can move 20% in minutes, I am keeping size small.
Tell me, do you think AGT goes back home to $0.02272 or does $0.08299 break first?
Comment HOME if it goes back home, UP if $0.08299 breaks.
Tap $AGT to trade this $0.08299 top, trade on this same coin.
#AGT #Write2Earn
