$AGT UP 1.5% – SILENT ACCUMULATION OR DEAD CAT?!"



GateToken is up 1.5% today, nothing flashy. But the daily chart reveals a falling wedge that has been forming for three weeks. Price is now approaching the wedge's upper trendline at $6.80.

Volume has been declining during this wedge formation, which is typical before a breakout. RSI is at 55 – neutral with room to run.

If GT breaks above $6.80, I'd expect a move toward $7.20 and $7.50. But if it gets rejected, we might see a retest of $6.50.

This is one of the cleaner setups on my watchlist.
#PreIPOsSeason2OpenAISubscription #PredictWorldCup🇦🇷vs🏴󠁧󠁢󠁥󠁮󠁧󠁿
AGT2.36%
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