📈 Update on the ALGO/USDT chart!
Interesting dynamics on the Algorand chart against TetherUS! We see that the price is currently holding around $0.3022, demonstrating a gain of +3.74%.
Note the following:
* FVG (Fair Value Gap) Zone — above the current values, which may be a target area for further movement.
* MSS (Market Structure Shift) — has already occurred, indicating a change in market structure.
* MA_2X SMA 100/50 — the price is currently trading above these averages, which may indicate bullish momentum.
* Liquidity Zones and +OB (Order Block) — below, which may serve as support zones in case of a correction.
What do you think about the further movement of ALGO? Will we see further growth to $0.3100 and above, or is a correction possible?
Share your thoughts and analysis in the comments! 👇