🚀 $ALGO
Long Trade Signal 🚦 🟢
Upward momentum gaining strength 🟢
$ALGO firmly holds above the main support and is consolidating for a potential breakout. Price action shows consistent higher lows, indicating that buyers are stepping in to push the price towards the next resistance area.
Trade Setup:
Entry Area: 0.2423 – 0.2435
Take Profit 1: 0.2463
Take Profit 2: 0.2500
Stop Loss: 0.2406
Market Outlook:
With bullish sentiment and increasing volume, $ALGO has the momentum to test higher resistance levels. Continued price action above support confirms the potential for the upward trend to persist.