$ALGO /USDT BULLISH BREAKOUT IMMINENT | TECHNICAL ANALYSIS
Current Price: $0.2582 (+18.17%)
Timeframe: 4H
KEY LEVELS
Resistance:
$0.2700 – Major resistance, breakout zone
$0.2800 – Next target after breakout
Support:
$0.2500 – Key support holding structure
$0.2440 – Secondary strong support
TRADE SETUP: LONG ENTRY
Entry: $0.2580 - $0.2600
Targets (TP):
TP1: $0.2700
TP2: $0.2800
TP3: $0.2950
Stop Loss (SL): $0.2440
Reasoning: Price has broken out of a consolidation range and is holding above $0.2500 support. Volume surging, momentum turning bullish. A clean breakout above $0.2700 confirms the move.
RISK MANAGEMENT
Risk only 1-2% of your capital per trade. Use proper position sizing and stick to your SL to protect capital. Always trade with discipline
#ALGO #CryptoTrading #TechnicalAnalysis #BullishSetup #Altcoins #Write2Earn $ALGO