AGLD/USDT — Short at Range Ceiling, Sellers Stepping In EarlierAGLDUSDT Perpetual ContractBYBIT:AGLDUSDT.PQuantum-AlgoAGLDUSDT Perpetual Context: AGLD has been stuck in a wide range between 0.23 and 0.29 for over three weeks. Price has tested the upper boundary multiple times and failed every time. The latest push to 0.285 got rejected hard, and now a Sell signal has fired at 0.265 as price breaks back below mid-range. Why this setup works — three confluences: Descending highs at resistance — the first rejection came at 0.29, the second at 0.285, and now the Sell signal is firing at 0.265. Each rally is weaker than the last. Sellers aren't waiting for the top anymore — they're stepping in earlier and more aggressively. That's distribution behavior Previous Buy zone becoming resistance — look at the left side of the chart. The Buy signal fired around 0.24–0.26 and launched a massive rally. Now that same zone is being tested from above — and instead of holding as support, it's struggling. When the zone that launched the move can't support price on the retest, the buyers who drove the rally are gone Mid-range failure — the 0.265 area is the equilibrium of the entire range. A Sell signal firing at equilibrium means sellers have control of the midpoint. When bears own the middle, they usually push for the bottom A Sell signal fired at 0.26125. We took it. Trade management: Entry: 0.26125 Stop Loss: 0.27500 — above the mid-range resistance TP1: 0.24255 — previous demand shelf, 50% off, stop to breakeven TP2: 0.23197 — range low for 100% exit R:R: ~1:1.4 to TP1, ~1:2.1 to TP2. Strong asymmetry — tight stop, deep targets. Invalidation: Close above 0.27500 — buyers reclaim the mid-range and the short thesis is dead. The lesson: Distribution doesn't announce itself with a crash — it shows up as weakening rallies. Each push higher that fails to reach the previous high is the market whispering that demand is drying up. Most traders wait for the breakdown to short. The better play is recognizing the descending highs while they're forming and positioning before the crowd. By the time the breakdown is obvious, the best risk-to-reward is already gone. Signal fired. We took it. Update coming.