$ALGO Objectives $0.50+? The momentum is real 🔥🚀
Current price: $0.3002
Time frame: 4H Chart
🎯 Objectives
Objective 1: $0.35 🟢
Short-term resistance zone and recent local peak.
Objective 2: $0.42 ⚡
Important historical resistance from February 2025.
Objective 3: $0.50 🚀
Psychological level + possible 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
Confirmed breakout: Strong momentum candle closed above the MA 200, indicating a shift in momentum.
Volume spike: Volume confirms the move, indicating that buyers are entering aggressively.
Moving averages: All short- and medium-term MAs are turning upward.
⚠️ Risk note
Always use stop-loss and avoid emotional trading. Cryptocurrencies are volatile: stay smart, stay safe. 🧠📈📉
