🚀 $ALGO /USDT – Layer 1 Reload or Breakdown? Eyes on $0.1677! ⚡
$ALGO is trading at $0.1677 (-1.76%), just beneath the EMA cluster (7 & 25 both at $0.1681), signaling a tight consolidation range. Volume’s hot with 40M ALGO in 24h – something’s brewing.
📉 With support near $0.1610, this could be a high-R/R zone for smart entries.
🎯 LONG Trade Setup: • Entry: $0.1660 – $0.1630
• TP1: $0.1705
• TP2: $0.1735
• TP3: $0.1760
• SL: $0.1590
📈 Price is compressing—momentum could snap either way. Trade the breakout, not the boredom!