Price Position and Structural State
Alaya Governance Token (AGT) closed at 0.014825 USDT on August 30, 2026, down 5.15%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 0.010431 USDT, with resistance near 0.018103 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
AGT is trading below short-term moving averages while still holding above longer-term support. MA9 at 0.015422 USDT may cap short-term recovery attempts, while MA50 at 0.014724 USDT remains the more significant structural support area. The structure resembles a pullback within a broader trend more than a full trend failure.
Trading Friction and Price Efficiency
AGT shows moderate trading friction, with a 3-day friction score of 54.1. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest fell -5.91% in one day and remains near the lower side of its 180-day range. This shows participation is weak and exposure is still being reduced.
Funding is positive on the 24-hour average at +0.029772%, with the 7-day average also positive at +0.028914%. This shows sustained long-side cost pressure across both short and medium windows.
The long/short ratio is 2.90, sitting near the upper side of its 180-day range at 85.40%. This means long accounts are unusually dominant compared with recent history.
Correlation, Beta, and Index Relationship
AGT shows weak linkage to the broader crypto market (Sigloid Index). Correlation is limited, and R² indicates that index behavior explains only a small portion of its movement. This suggests price action is largely driven by asset-specific factors rather than broader market direction. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | -0.105 | -0.207 | 0.011 | Inverse linkage |
| 60D | -0.194 | -0.654 | 0.038 | Inverse linkage |
| 180D | -0.099 | -0.523 | 0.01 | Inverse linkage |
Momentum, Volatility, and Indicator Pressure
AGT remains in a low-volatility setup. ATR% reads 10.20, near the lower side of its full historical range, and Bollinger Band width% reads 13.64, close to the bottom of its full historical range. 20-day Volume Z-score is -0.73, so participation is not forcing a broader move yet.
Momentum is mixed. RSI is 46.25, ROC14 is -3.96%, and MACD histogram does not confirm a clean direction. Indicator pressure remains uneven.
The read is simple: volatility is compressed and momentum is not strong enough yet. A better signal would need range expansion with stronger volume.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. AGT has a weak link to that market condition, so price behavior depends more on its own structure than on the broader market trend.
Key Levels for the Next State Change
For AGT, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.018103 USDT establishes a bullish regime, while a daily close below 55-day support at 0.01005 USDT confirms a bearish regime.