$AGT dominant macro downtrend
Notably, Open Interest (OI) is flat to declining during this upward price action. This divergence suggests the recent rally is likely driven by short-covering (a short squeeze) rather than fresh buying volume, making the upward momentum vulnerable.
Price is currently testing a critical resistance zone (0.056 - 0.060), which was previous support.
$AGT Short Setup (Rejection at Resistance)
· Entry Short: 0.056 - 0.060 (enter on confirmed rejection or weakness)
· Stop Loss: above 0.065
· Take Profit :
· TP1: 0.048
· TP2: 0.038
Support me just Trade here👇#agt
Notably, Open Interest (OI) is flat to declining during this upward price action. This divergence suggests the recent rally is likely driven by short-covering (a short squeeze) rather than fresh buying volume, making the upward momentum vulnerable.
Price is currently testing a critical resistance zone (0.056 - 0.060), which was previous support.
$AGT Short Setup (Rejection at Resistance)
· Entry Short: 0.056 - 0.060 (enter on confirmed rejection or weakness)
· Stop Loss: above 0.065
· Take Profit :
· TP1: 0.048
· TP2: 0.038
Support me just Trade here👇#agt