🧬 $ALGO
/USDT (Perp) Overview
Metric Value
Last Price $0.1800 ⬆️ (+3.81%)
Mark Price $0.1798
24h High / Low $0.1833 / $0.1694
24h Volume (ALGO) 311.45M
24h Volume (USDT) $54.46M
Current Vol 16.28M
MA(5) / MA(10) 19.07M / 15.54M → Rising volume
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📈 Technical Outlook
🔹 Momentum
ALGO is in a short-term uptrend, posting nearly 4% daily gains.
Price holding above MA(10) with a solid base at the 0.169–0.173 zone.
Current price is testing the resistance around $0.1831–0.1833.
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🔍 Key Levels
Type Level Comment
Resistance 1 $0.1833 Daily high, key breakout point
Resistance 2 $0.1881 Order book top, scalp target
Resistance 3 $0.1931 Next breakout target
Support 1 $0.1782 Minor structural support
Support 2 $0.1732 Strong base, near MA(10)
Support 3 $0.1694 24h low — trend invalidation level
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🧩 Trade Setups
✅ Breakout Long Setup
Entry: On confirmed break above $0.1835
Stop: Below $0.1782
Target 1: $0.1880
Target 2: $0.1930+
Volume confirmation critical — look for uptick near breakout
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🔁 Dip Buy Opportunity
Entry Zone: $0.1730 – $0.1750
Stop: Below $0.1690
Target: $0.1830 → $0.1880
Look for bounce with RSI > 50 and volume holding strong
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⚠️ Short Setup (Speculative Only)
Only if strong rejection near $0.1830–$0.1880
Scalping back toward $0.1750, but risky due to bullish pressure
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🧠 Summary
Bias: Bullish
Momentum: Increasing volume & breakout attempt underway
Strategy: Favor long entries on breakout or retest dip
Breakout Target Range: $0.1880–$0.1930+