BOOM! $7.62K in Shorts LIQUIDATED at $0.2142 — $ALGO is Heating Up!
The bears got wrecked, and $ALGO just sent a clear signal: Momentum is building. Is this the start of something massive?
Here’s your battle plan:
Buy Zone:
$0.2070 to $0.2125
This is the accumulation zone where smart money might reload. If price dips here with volume holding steady, it’s a prime entry.
Targets:
TP1: $0.2200
TP2: $0.2275
TP3 (Moonshot): $0.2360
The recent liquidation at $0.2142 could act as a springboard. Once reclaimed with strength, we could see rapid upside.
Stop Loss:
$0.2035 (Close below this level could invalidate the setup)
Technical Insight:
Short liquidations at resistance usually indicate that late bears got trapped — this creates a launchpad for bulls.
Volume is starting to rise, and RSI is curling up from the mid-zone — bullish divergence forming on lower timeframes.
Narrative Twist:
$ALGO isn’t just a coin. It’s a comeback story waiting to explode. With shorts getting wiped and buyers stepping in — it’s time to stay sharp, stay fast, and ride the volatility!