AGIX/USDT Keep an eye on the OB or Demand to bounce back Upward!
💎 AGIX has recently experienced significant developments in the market. After a prolonged rally, AGIX appears to be losing momentum to continue its upward trend.
💎 There is potential for AGIX to move downward and retest the Bullish OB area around $0.8 to gather new momentum before potentially reaching our target area.
💎 However, if AGIX fails to bounce from the Bullish OB area, the next support level is at the demand area. This area has previously acted as an all-time high for AGIX, indicating strong buying interest. A bounce from this level could lead to a continuation of the upward movement.
💎 On the contrary, if AGIX breaks below the demand area, it would signify bearish momentum, potentially leading to further downward movement.
💎 There is potential for AGIX to move downward and retest the Bullish OB area around $0.8 to gather new momentum before potentially reaching our target area.
💎 However, if AGIX fails to bounce from the Bullish OB area, the next support level is at the demand area. This area has previously acted as an all-time high for AGIX, indicating strong buying interest. A bounce from this level could lead to a continuation of the upward movement.
💎 On the contrary, if AGIX breaks below the demand area, it would signify bearish momentum, potentially leading to further downward movement.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.