On the hourly chart, $AGT maintains a confirmed downtrend. My local bias is bearish, despite the daily and weekly timeframes remaining bullish and BTC showing strength.
What I expect:
📉 First area of interest: $0.06000–0.05700.
If demand fails to hold the price, the next targets are:
🎯 $0.03088
🎯 $0.02302
The ideal zone to look for a short is $0.07300–0.07500, but only after a weak bounce and confirmation of a reversal on lower timeframes.
🛑 Above $0.08299, the bearish scenario is no longer valid.
Locally, the bears are stronger, but you should be especially cautious when trading against the higher timeframes.
What I expect:
📉 First area of interest: $0.06000–0.05700.
If demand fails to hold the price, the next targets are:
🎯 $0.03088
🎯 $0.02302
The ideal zone to look for a short is $0.07300–0.07500, but only after a weak bounce and confirmation of a reversal on lower timeframes.
🛑 Above $0.08299, the bearish scenario is no longer valid.
Locally, the bears are stronger, but you should be especially cautious when trading against the higher timeframes.
