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AGIX/USDT bullish reversal from support ? ๐Ÿ‘€๐Ÿš€AGIX analysis

๋กฑ
BINANCE:AGIXUSDT   AGIX / TetherUS
๐Ÿ’ŽParadisers, letโ€™s delve into the movement of #AGIXUSDT. Currently, it is retracing and retesting a critical support level at $1.17643. This level holds significant importance, and its ability to transition from a retest to a firm support could signal a potential bullish move.

๐Ÿ’Ž After successfully breaking out of a descending channel, the price of #AGIX is now approaching the key support level at $1.17643. If the price sustains its momentum at this level, we can expect a bullish reversal. With sustained upward momentum, the target lies above the strong resistance at $1.48693.

๐Ÿ’Ž However, should the price of AGIX dip below this pivotal zone, itโ€™s crucial to adapt our strategy. We anticipate a bullish rebound from the secondary support level at $1.10437. Failing to regain ground here could potentially lead to further declines. Stay vigilant and agile as we navigate market fluctuations.

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