📌 Analysis + Trade
⏱️ !ALGO/USDT – Analysis on the hourly frame (1h)
Current price: $0.2854
📌 Technical analysis at a glance:
The price rose from support at $0.2700 to $0.2854, facing immediate resistance around $0.2900.
The price is above EMA7 ($0.2820), EMA25 ($0.2750), and EMA99 (~$0.2650), reinforcing the bullish outlook.
RSI6 at ~62 → Balanced with a tendency to rise without being overbought.
📌 Trade settings:
✅ ALGO/USDT (Buy) LONG – Priority
🔰 Entry price on breakout: $0.2900
🎯 Targets (expected in the coming hours):
• $0.3000
• $0.3100
• $0.3200
• $0.3300
🛑 Stop loss: $0.2700
📌 Trader's advice:
Make sure to close the 1h candle above $0.2900 with high trading volume before entering.
✅ ALGO/USDT (Sell) SHORT – For corrective bounces
🔰 Entry price on breaking support: $0.2750
🎯 Targets (short corrections):
• $0.2650
• $0.2550
• $0.2450
• $0.2350
🛑 Stop loss: $0.2900
📌 Trader's advice:
Wait for the 1h candle to close below $0.2750 with clear volume before entering.
✨ Trader's advice:
"Do not hesitate to wait for full confirmation before entering, and manage your risks carefully."
