$ALGO is Heating Up!
Shorts Just Got Liquidated: $2,885 at $0.2374
The Sharks Are Circling… Are You Ready to Dive In?
When short liquidations hit, it's a strong signal that bears are losing control, and the bulls might just take the wheel. $ALGO just made noise, and it could be the spark before the storm!
Here’s the full breakdown:
Buy Zone:
Watch for strong entries between $0.2290 - $0.2340. This is the potential demand zone, where buyers have historically stepped in.
Targets:
Target 1: $0.2450
Target 2: $0.2535
Target 3 (Breakout Potential): $0.2680
Stop Loss:
Place a tight stop just below the zone at $0.2255 to manage risk in case the trend reverses.
Why This Matters:
The liquidation at $0.2374 indicates that bears got caught off-guard — when that happens, momentum can flip fast. If bulls capitalize on the momentum, $ALGO might surge toward the next resistance zones quickly.
Momentum Brewing:
Volume spikes + liquidation = possible short squeeze. Keep your eyes glued to the chart — the next 24–48 hours could get wild.
