$AGT is on a bad trip for short traders
AGT is extremely bullish I analysed it from different Angles
AGT can again break 0.1
possible next new targets 0.12 to 0.14
but it can go beyond if it has to grab liquidity because most traders are in short side without any stoploss
let's say if it didn't break 0.14
does it means will it fall immediately
Currently the ratio between long and short ratio explained something else
Funding fee usually in such high volatility coins were in negs that gave us hint
but in this case of AGT it was a trap
because everyone is waiting for their short entry price between 0.29 to 0.35 in most cases
it will not easily go there
let's compare AGT with $BR
BR took 5 days from 0.2 to 1.4 that is 600% rise
but how long it will took to reach 0.29 it reaches that price yesterday after 26 days
in initial days it falls slowly like 10 to 15% BR stuck almost in same price for 17 day's then it falls 40%
On the very next day it again increased 50%
then again fall after 3 days to 0.29
after creating so much panic in both sides
so this journey will not guaranteed fast price declined
even you if you have lots of money and you will not liquidate
at the end are you profitable or what will be first thing
we just want our capital back
so risk management is important
don't believe it will fall fast like $SOPH
every coin have different kinds of liquidity
even it might fall
but it will not make a way for other dozens of coins with similar prices
AGT is extremely bullish I analysed it from different Angles
AGT can again break 0.1
possible next new targets 0.12 to 0.14
but it can go beyond if it has to grab liquidity because most traders are in short side without any stoploss
let's say if it didn't break 0.14
does it means will it fall immediately
Currently the ratio between long and short ratio explained something else
Funding fee usually in such high volatility coins were in negs that gave us hint
but in this case of AGT it was a trap
because everyone is waiting for their short entry price between 0.29 to 0.35 in most cases
it will not easily go there
let's compare AGT with $BR
BR took 5 days from 0.2 to 1.4 that is 600% rise
but how long it will took to reach 0.29 it reaches that price yesterday after 26 days
in initial days it falls slowly like 10 to 15% BR stuck almost in same price for 17 day's then it falls 40%
On the very next day it again increased 50%
then again fall after 3 days to 0.29
after creating so much panic in both sides
so this journey will not guaranteed fast price declined
even you if you have lots of money and you will not liquidate
at the end are you profitable or what will be first thing
we just want our capital back
so risk management is important
don't believe it will fall fast like $SOPH
every coin have different kinds of liquidity
even it might fall
but it will not make a way for other dozens of coins with similar prices