$AGT Breakout: Price Is Testing a Major Resistance Zone
$AGT has surged nearly 120% in 24 hours and is now trading around $0.0369. The weekly chart shows a strong bullish candle with a sharp increase in trading volume.
Trade Entry Details
Pair: AGT/USDT Perpetual
Direction: Long
Entry: $0.0368
Leverage: 7x Cross
Resistance: $0.0391–$0.0425
Breakout confirmation: A strong close above $0.0425 with sustained volume
Potential upside levels after breakout: $0.0450 and $0.0500
Invalidation: A breakdown below the breakout base could weaken the setup.
AGT is pushing toward its previous major resistance after reclaiming the $0.017–$0.018 zone. The 20 EMA is above the 50 EMA, and Supertrend remains bullish on the weekly chart.
The key level now is $0.0425. A clean breakout could open the door to further upside, but after such a sharp rally, a pullback or volatile rejection is also possible. Chasing the move near resistance carries significant risk.
Wait for confirmation rather than assuming the breakout has already happened.
Based on the supplied screenshots. Not financial advice.
@CryptoNewsHQ
$AGT has surged nearly 120% in 24 hours and is now trading around $0.0369. The weekly chart shows a strong bullish candle with a sharp increase in trading volume.
Trade Entry Details
Pair: AGT/USDT Perpetual
Direction: Long
Entry: $0.0368
Leverage: 7x Cross
Resistance: $0.0391–$0.0425
Breakout confirmation: A strong close above $0.0425 with sustained volume
Potential upside levels after breakout: $0.0450 and $0.0500
Invalidation: A breakdown below the breakout base could weaken the setup.
AGT is pushing toward its previous major resistance after reclaiming the $0.017–$0.018 zone. The 20 EMA is above the 50 EMA, and Supertrend remains bullish on the weekly chart.
The key level now is $0.0425. A clean breakout could open the door to further upside, but after such a sharp rally, a pullback or volatile rejection is also possible. Chasing the move near resistance carries significant risk.
Wait for confirmation rather than assuming the breakout has already happened.
Based on the supplied screenshots. Not financial advice.
@CryptoNewsHQ