$ALGO
USDT BULLISH BREAKOUT – CAN THE MOMENTUM HOLD ABOVE 0.1922? 🚀
Key Levels:
Current Price: $0.1882
Support: $0.1840 and strong base at $0.1800
Resistance: Immediate at $0.1922 (24h high), next potential at $0.1960
Trade Setup (LONG):
Entry Zone: $0.1870 – $0.1890
Take Profits:
TP1: $0.1920
TP2: $0.1960
Stop Loss: $0.1830
Market Outlook: ALGO has shown a clear bullish recovery from $0.1766 lows, forming higher lows and targeting a retest of $0.1922 resistance. If it holds above this key level with strong volume, further upside towards $0.1960 remains probable. However, failure to hold $0.1840 may weaken momentum.
Risk Management: Use position sizing with max 1-2% risk per trade. Protect capital by placing SL promptly and adjusting as price action confirms direction.
💡 What’s your ALGO target this week? Comment below!
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buy and trade here on $ALGO