#TradersLeague
ALGO has bounced strongly after testing the lower support zone near $0.1745. Buyers stepped in with strong momentum, driving the price back toward the recent resistance levels.
KEY LEVELS:
Resistance: $0.1815
Support: $0.1745
Current Price: $0.1803
TRADE SETUP (LONG):
Entry Zone: $0.1795 – $0.1805
Take Profit (TP): $0.1835
Stop Loss (SL): $0.1772
Margin: 2–3% of wallet
Leverage: 10x
MARKET OUTLOOK:
ALGO is showing bullish continuation signs on the lower timeframes. As long as price sustains above $0.1790, bulls may target the next resistance levels. Watch for breakout confirmation above $0.1815 for stronger momentum.
RISK MANAGEMENT:
Always trade with a defined stop-loss. Control position size and avoid emotional trading during intraday moves.
