$ALGO USDT – STRONG REBOUND FROM DEMAND ZONE, BULLISH SETUP FORMING!

🔹 SUPPORT HELD AT $0.2792 WITH STRONG WICK REJECTION

🔹 BUYING VOLUME RETURNING AFTER SHARP DIP

$ALGO has shown signs of strength after a sharp drop to $0.2792, where buyers stepped in and defended the level aggressively. The latest 4H candles display a solid recovery with higher lows forming, indicating a potential shift in momentum.

If ALGO clears the $0.2918 level, it could target the previous resistance near $0.2989 and eventually $0.3060.

Trade Setup (Spot/Futures):

Entry: $0.2895 – $0.2910

Target 1: $0.2989

Target 2: $0.3060

Stop Loss: $0.2790

Watch for continuation above $0.2920 with volume confirmation for stronger conviction.

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