【$AGLD Signal】Long! After a violent surge on the 1H chart, strong consolidation continues, and the short squeeze trend persists.

$AGLD On the 1H timeframe, after a massive bullish candle (over 15% gain), the price enters a high-level strong consolidation. The current price is close to the previous high, and the 4H chart has confirmed a breakout above the previous consolidation zone, forming a bullish structure. Negative funding rate of -0.4143% and stable open interest indicate that bears are still paying high costs, with potential for a short squeeze. Selling pressure is concentrated above 0.4200; once broken, it will open up space.

🎯Direction: Long (Long)

🎯Entry/Order: 0.4195 - 0.4210 (Reason: Strong consolidation zone lower boundary, close to the 1H massive candle closing price support )

🛑Stop Loss: 0.4100 (Reason: Falling below the 1H EMA50 and the massive candle opening price, bullish structure is broken )

🚀Target 1: 0.4350 (Reason: First resistance level based on ATR measurement )

🚀Target 2: 0.4500 (Reason: Previous high psychological level and 1.618 Fibonacci extension )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Daily increase has exceeded 70%, volatility is extremely high, risk is amplified )

- Execution strategy: After the price reaches 0.4350, reduce position by 50% and move stop loss to entry price 0.4195. The remaining position aims for the second target; if the price retraces and falls below the trailing stop, exit all.

Deep logic: The 1H RSI(74.3) is high but not exhausted, indicating ongoing momentum. Key point is that the 4H buy ratio(0.53) remains dominant, and the latest 4H candle is a volume breakout bullish candle. Market logic suggests ‘price rising, combined with position volume,’ while open interest remains high at 48 million USD, not just a short squeeze but also new long funds entering to support the market. The order book depth below is much thicker than above (depth imbalance -1.19%), providing strong support. This is a typical momentum continuation trend, aiming for a short-term secondary explosion.

View real-time market 👇 $AGLD

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