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$ALGO /USDT – Breakout Confirmed or Overheated RSI? ⚡
$ALGO has surged to $0.2394 (+7.45%), showing strong bullish momentum as it tests key resistance! With RSI overheated and volume pouring in, can bulls push past $0.245—or is a cool-off near?
📊 Market Overview
📍 Current Price: $0.2394
📈 24h High: $0.2453
❄️ 24h Low: $0.2124
📊 Parabolic SAR: 0.2171 (Uptrend still active!)
📉 MACD Momentum:
DIF: 0.0136
DEA: 0.0020
MACD: 0.0232 (Bullish crossover confirmed!)
📈 ALGO Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If ALGO Holds Above $0.2330):
• Entry: Above $0.2400
• Targets: $0.2490, $0.2580, $0.2720+
• Stop-Loss: $0.2290
🔹 Bearish Scenario (If ALGO Falls Below $0.2290):
• Entry: Below $0.2290
• Targets: $0.2170, $0.2010, $0.1850
• Stop-Loss: $0.2420
🔍 Should You Hold or Sell?
✅ Holding above $0.2330 signals strength and potential for breakout!
✅ RSI at 77 = Overbought zone — short-term cool-down possible!
✅ Watch for a failed break above $0.245 as a sign of short-term reversal.
💡 Pro Tip:
📌 A clean break and close above $0.245 with strong volume could ignite a run toward $0.27+!
⚠️ But RSI > 75 suggests caution—set stop-losses tight!
📢 What’s your play—riding the trend or locking profits? Comment below!
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$ALGO #ALGO #ALGOUSDT #Binance #CryptoTrading #Write2Earn