🔥 $ALGO /USDT – Momentum Reloaded After Strong Reversal! ⚡📊
$ALGO is gaining bullish traction after bouncing from recent lows and reclaiming the $0.2828 zone. The price action shows strong accumulation with rising volume and higher lows—clear signs that bulls are stepping back in. A break above $0.2900 could fuel the next leg up.
📊 Trade Setup:
• Entry Zone: $0.2795 – $0.2825
• 🎯 Target 1 (TP1): $0.2910
• 🎯 Target 2 (TP2): $0.2986
• 🛑 Stop Loss (SL): $0.2740
⚡ Technical View:
Price structure shows recovery with bullish engulfing candles and steady volume rise. Break above $0.290 is key for momentum continuation.
🛡 Risk Note:
Maintain SL below $0.2740 to avoid deeper correction risk. Best suited for momentum-based intraday setups.
🔄 Strategy Breakdown:
We're playing the bullish continuation pattern post-reversal, targeting a breakout above local resistance fueled by increasing buyer demand.
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