$ALGO Testing Key Resistance, What’s Next?
Price is currently trading at $0.2606, showing strength after a steep rise, but struggling to break through immediate resistance. A breakout or rejection here will define the next move.
Key Levels to Watch
Resistance: 0.2640
Support: 0.2585
Trade Setup
• Bullish Entry: Above 0.2645
• TP1: 0.2680
• TP2: 0.2705
• TP3: 0.2740
• SL: Below 0.2585
• Bearish Entry: Below 0.2580
• TP1: 0.2545
• TP2: 0.2500
• SL: Above 0.2645
Momentum is on the bull side, but volume needs to follow. Watch for a confirmed breakout before taking a position.
