After weeks of grinding lower, AGT just flipped the script: price broke above a multi‑month descending trendline and then returned to successfully retest it as support. Now it’s coiling between a tight $0.005108 support and $0.005603 resistance, trading near $0.00536. The next decisive 4H close could determine whether this move evolves into a sustained trend shift or fades into another range.

What just happened

AGT invalidated its prevailing downtrend by closing above the descending trendline and confirming a bullish retest—a high‑probability structure where former resistance turns into support. Momentum improved on both the USD and BTC pairs, and price is now consolidating just below immediate resistance at $0.005603 while holding the retest area around $0.005108.

Why this matters to traders

A clean breakout‑retest often precedes expansion. With a defined short‑term range, traders have clear invalidation levels, tighter risk, and asymmetric opportunity: acceptance above $0.005603 opens the door to continuation, while failure there sets up a mean‑reversion back to support.

Key levels to watch

• Support: $0.005108 (trendline confluence and recent retest hold)
• Resistance: $0.005603 (range cap throttling upside attempts)
• Range width: ~$0.000495; a measured break could project toward ~$0.00610
• Decision timeframe: 4H close and volume acceptance above/below the range

Actionable trade setups

• Breakout‑continuation: Wait for a 4H close and follow‑through above $0.005603 with rising volume; look for a retest‑and‑hold of $0.005603 as support. Invalidation: sustained 4H close back inside the range. First target: ~$0.00610 (measured move).
• Range trade: Buy near $0.005108 with clear invalidation just below; sell into $0.005603. Favor mean‑reversion until the range resolves.
• Failed‑break setup: If price wicks above $0.005603 but closes back below on the 4H, consider shorting toward $0.005108. Invalidation: reclaim and hold above $0.005603.

Risk factors and invalidation

Low liquidity around the edges can lead to fakeouts and swift stop runs. Monitor perp funding and open interest: aggressive long build‑ups into resistance raise squeeze risk. A 4H close below $0.005108 would undermine the bullish retest and reopen the prior downtrend structure.

The bottom line

AGT’s breakout‑retest gives traders a clean map: strength is confirmed above $0.005603, while the bullish case weakens below $0.005108. Let the 4H closes and volume confirm, keep invalidations tight, and trade the reaction—not the prediction.

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