$ALGO /USDT ā BULLISH BREAKOUT IN PLAY! š
The $ALGO/USDT pair is showing strong bullish momentum after a sharp 22.24% pump, currently trading at $0.2660. Momentum and volume are favoring the bulls, and price action hints at further upside!
š KEY LEVELS:
Resistance Zones:
$0.2700 (Near-term)
$0.2750 (Major breakout level)
Support Zones:
$0.2600 (Fresh support after breakout)
$0.2500 (Stronger base if correction happens)
TRADE SETUP (LONG):
Entry: $0.2660 - $0.2620 (on slight dip or consolidation)
Target 1 (TP1): $0.2750
Target 2 (TP2): $0.2850
Stop Loss (SL): $0.2490 (below key support)
Confirmation: Wait for 4H candle close above $0.2700 for added confidence.
RISK MANAGEMENT:
Risk only 1-2% of your capital per trade. Use a tight SL, and avoid overleveraging to protect against unexpected reversals.
š BULLS ARE IN CONTROL ā RIDE THE MOMENTUM BUT MANAGE YOUR RISK!
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