sell
AERGO Short Sale Strategy with Targets Around 0.15042
In the recent analysis of AERGO, after a phase of growth, the market has shifted into correction, forming levels of support with accumulated liquidity. The dominant market activity shows selling pressure, indicated by bearish formations, which suggests a continuation of the downward trend. It is anticipated that there will be accumulation before specific levels, with active sell-offs appearing in the order book, possibly leading to a breakdown. The suggested targets for partial position closure are 0.15282, 0.15170, and 0.15042, implying a strategic approach to shorting this cryptocurrency.
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AI Analysis
The current analysis of AERGO indicates a market transition from a growth phase to a correction, which is typical after rapid price increases. The formation of support levels with liquidity accumulati...
AI Recommendation
Based on this analysis, a short position in AERGO is advised, with entry around the current level and targets set below the recent support levels. Traders should set stop-loss orders slightly above 0....
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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