$ALGO Targets $0.50+? The Momentum is Real 🔥🚀
Current Price: $0.3002
Timeframe: 4H Chart
🎯 Targets
Target 1: $0.35 🟢
Short-term resistance and recent local peak zone.
Target 2: $0.42 ⚡
Major historical resistance from February 2025.
Target 3: $0.50 🚀
Psychological level + potential FOMO trigger.
🛡️ Support Levels
Support 1: $0.25 🛡️
Last breakout zone and MA 200 support area.
Support 2: $0.20 ⚙️
Previous consolidation base.
📊 Technical Snapshot
Breakout Confirmed: Strong impulse candle closed above the 200 MA, signaling momentum shift.
Volume Spike: Volume confirms the move, indicating buyers stepping in aggressively.
Moving Averages: All short and mid-term MAs are flipping bullish.
⚠️ Risk Note
Always use stop-losses and avoid emotional trading. Crypto is volatile—stay smart, stay safe. 🧠📈📉