💥 $ALGO /USDT – Ready for Lift-Off from Bullish Flag! 🚀📈
$ALGO is gearing up for a breakout as it consolidates within a bullish flag pattern, showing strong accumulation. With consistent higher lows and a retest of resistance near $0.2453, bulls may soon push for the next leg up. Momentum is holding firm above the $0.230 zone.
📊 Trade Setup:
• Entry Zone: $0.2380 – $0.2430
• Target 1 (TP1): $0.2550
• Target 2 (TP2): $0.2650 ✅
• Stop Loss (SL): $0.2270
⚡ Technical View:
Bullish flag forming after a sharp rally. Volume is steady, structure intact, and breakout probability is rising with each retest of resistance.
🛡 Risk Note:
If price breaks below $0.2270, the structure will be invalidated—manage your risk and size accordingly.
🔄 Strategy Breakdown:
This is a continuation setup with a focus on breakout from a flag pattern. The tight range near the highs suggests bulls are absorbing sell pressure. Entry within the consolidation gives favorable risk/reward ahead of the potential breakout.
📢 Follow @bullishbanteer for more sharp entries and real-time trade setups!