Yesterday, I told you that entering $AGT was not safe, neither for a long nor for a short.
Now look at what happened. $AGT pumped sharply, almost hitting $0.11, and then suddenly crashed back to around $0.07.
The market first swept the liquidity above, attracting long entries as the price moved upward. Then it reversed sharply and swept the liquidity below as well.
This is exactly why I said not to enter $AGT prematurely. When liquidity is being taken on both sides, waiting for clear confirmation is the smarter move.
Now look at what happened. $AGT pumped sharply, almost hitting $0.11, and then suddenly crashed back to around $0.07.
The market first swept the liquidity above, attracting long entries as the price moved upward. Then it reversed sharply and swept the liquidity below as well.
This is exactly why I said not to enter $AGT prematurely. When liquidity is being taken on both sides, waiting for clear confirmation is the smarter move.
