$AGT After a significant breakthrough of the previous high at the 4-hour level, it entered a narrow consolidation, which is a typical signal of continued bullish momentum, rather than a top.
🎯 Direction: Long
🎯 Entry: 0.00488 - 0.00495
🛑 Stop Loss: 0.00436 (rigid stop loss, below the low point of the previous breakthrough candlestick)
🚀 Target 1: 0.00550
🚀 Target 2: 0.00600
Logic Hardcore: 1) Key Data: When the price surged by 11.53%, the open interest (OI) remained stable, and the Taker selling volume was not dominant, which eliminates short squeezes and indicates that new funds are actively entering to accumulate. 2) Price Action: After a large bullish candlestick (with a trading volume of 385 million), the price strongly consolidated at the top 1/3 of the candlestick, with significant accumulation in buy depth (bid) and sparse sell orders (ask), indicating a depletion of supply. 3) Market Psychology: After the breakout, there was no deep pullback, and buy orders continuously absorbed short-term profit-taking, which is characteristic of a strong market. After a healthy reset, the probability of moving upward is significantly higher than moving downward.
Trade here 👇$AGT
---
Follow me: Get more real-time analysis and insights on the crypto market!
$ETH
