🚨 $ALGO /USDT BREAKOUT +16.41% – Layer 1 Power Move! 🚀
$ALGO just delivered a monster pump, gaining over +16% in the last 24 hours. With massive volume and a clear breakout above resistance, this Layer 1 token is turning heads fast! Let’s break it down:
📊 Market Snapshot
Current Price: $0.3342
24h High: $0.3345
24h Low: $0.2771
24h Volume (ALGO): 202.13M
24h Volume (USDT): $61.57M
Gain: +16.41% 🔥
📍 Exchange: Binance
🕓 Timeframe: 15m / 1h / 4h / 1D (Momentum strongest on 1h and 4h)
📈 ALGO Trade Setup – Momentum Strategy
🟩 Bullish Bias (Breakout Valid Above $0.3265):
Entry Zone: $0.3280 – $0.3340 (current breakout range)
Targets:
🎯 TP1: $0.3460
🎯 TP2: $0.3580
🎯 TP3: $0.3725 (major resistance)
Stop-Loss: $0.3160 (just below support)
🟥 Bearish Scenario (Failed Breakout):
Short Entry: Below $0.3160
Targets: $0.3050 → $0.2950 → $0.2840
Stop-Loss: $0.3280
📉 Technical Indicators
✅ EMA: Bullish crossover – short-term trend positive
✅ Volume: Spiking – confirms strong buying interest
✅ Bollinger Bands: Price hugging upper band – bullish continuation potential
⚠️ Caution: RSI approaching overbought – partial profit booking advised near $0.346
💡 Pro Tip for Traders:
A breakout above $0.3369 with volume will open the gates toward $0.37+. Watch for consolidation around $0.3280 – that’s your reload zone.
📢 ALGO Traders – Are You In This Move?
👇 Drop your positions, entries, or setups in the comments!
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