Here's a quick ๐ technical snapshot and trade setup for $ALGO /USDT (Perp):
๐งพ ALGO/USDT Overview
๐ฐ Last Price: 0.2911 USDT
๐ Mark Price: 0.2911 USDT
๐ 24h High: 0.2969
๐ 24h Low: 0.2818
๐ INR Value: Rs 82.88 (+0.28%)
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๐ Volume & Averages
ALGO Vol (24h): 264.44M
USDT Vol (24h): 76.70M
Current Vol: 763,078.4
MA(5): 1.60M
MA(10): 1.95M
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๐ Key Price Levels
Resistance ๐ผ Current Support ๐ฝ
0.2948 โ 0.2969 0.2911 0.2839 โ 0.2818
Minor Res: 0.2941 Strong Sup: 0.2811
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๐ง Quick Analysis
Trend: Mild bullish ๐; price bouncing from support near 0.282.
Volume: Decent, but MA(10) > MA(5) โ possible slight weakness.
Structure: Likely forming a higher low, watching for a breakout above 0.295.
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โ Trade Setup (Scalp/Short-Term)
๐ข Long Entry: 0.2890 โ 0.2910
๐ฏ Target: 0.2965 โ 0.2990
๐ Stop Loss: Below 0.2810
โ ๏ธ Risk Level: Low to moderate
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Let me know if you want the setup with RSI & MACD or a chart view ๐๐