AGRI/USDTThe chart shows that AgriDex (AGRI/USDT) is currently in an upward channel, with a Buy/DCA (Dollar-Cost Averaging) zone marked near 0.12204 to 0.10837 and a Setup Invalidation level at 0.09144. The price is already trending above the channel's midpoint and seems to be heading toward the upper resistance around 0.16 or higher.
Key observations:
1. Trend: The price is in a bullish trend within the channel. The recent 17% gain indicates strong buying momentum.
2. Support Zones: The buy zone provides a good entry for pullbacks if the price retraces slightly.
3. Risk Management: The invalidation point at 0.09144 highlights where this setup might fail, ensuring a well-defined risk level.
Verdict: Based on my technicals, the current upward momentum looks strong, and holding or adding (within the DCA zone) could be a good strategy if your risk tolerance allows.