Technical analysis by CryptoWhale100Billion about Symbol AGLD on 6/29/2024

Alt Coin Analysis: AGLD🚀 Bullish Scenario:My analysis shows that Atom may experience a bullish trend in the medium term. The current price is hovering around the support level of $.98. If it manages to hold this level, we can expect the price to rise to the next resistance level at $1.36 and potentially break out.📈 The RSI indicator is currently in the oversold region, indicating that Atom is undervalued and may experience a bullish reversal soon. Additionally, the MACD indicator is showing signs of a bullish crossover, indicating that the momentum is shifting upward.🔻 Bearish Scenario:However, it's important to consider the possibility of a bearish trend. If Atom fails to hold the $.98 support level, we could see a drop to the next support level around $.80📉 In this case, the RSI could remain in the oversold region for a longer period, and the MACD might show a bearish divergence.Strategy: If the price drops below the support level, it may be wise to consider setting stop-loss orders or buying at the lower support level for a potential reversal.💬 Engage with Me:Shoot me a message with your Technical Analysis to see your thoughts and trading strategies. Let's discuss where Atom might go next!👍 Support & Follow:Press the Thumbs Up and shoot me a message below with your ideas on where Atom may go next. Thank you for the support!🔗 Previous Chart Links:Below are some previous chart links I've written in the past for reference:#CryptoWhale100Billion #CryptoAnalysis #AltCoin #AGLD #TradingView #CryptoCommunityIt looks like AGLD Targeted $1.29 and had a resistant pullback. Did its thing.