A lot of people asked me about AGT after its crazy rally. I’d said before that it wouldn’t keep rising at that same pace and that it needed a correction.
And now, what happened is exactly what we expected.
What happened to AGT?
The coin made a very strong rally, gaining +197% and reaching a high of $0.0868
Then the natural correction began, and the price is now around $0.064–$0.068
It dropped around 18% in 24 hours, and Open Interest fell 26%. That means a lot of people closed their positions and exited.
What does that mean?
This isn’t a collapse; it’s a natural cooldown after being overbought.
Any coin that rises 200% in two days needs a breather, and those who buy at the top are the ones who get stuck.
The key levels right now:
*First support:* $0.058–$0.060. If it holds above this level, we could see a bounce.
*Second support:* $0.052 if it breaks below the first.
*Resistance:* $0.073, followed by $0.086, the previous high.
We have two possible scenarios:
1. Bullish scenario: If it holds above $0.060 and starts forming green candles, it could retest $0.073.
2. Bearish scenario: If it breaks below $0.058 on high trading volume, we could see a deeper drop to $0.052.
My takeaway:
I don’t see a good entry right now, neither at the top nor during the drop.
It’s better to wait for confirmation: either a hold above support or a clear break below it.
Those who got in early made a profit; those who got in late are paying the price now.
You asked whether AGT would keep rising or not. Here’s my full analysis in response. I’m waiting to hear what you think: do you think it will hold above support or break below it?
What do you all think?
Will AGT start rising again, or is the party over? Share your thoughts in the comments.
#AGT #AlayaAI #Crypto #BinanceSquare
This is not financial advice; it’s analysis for informational purposes only.