Buddies $ALGO is bouncing back with strong bullish momentum, currently trading at $0.2583, showing a notable +8.90% gain in the last 24 hours.

After forming a solid base at $0.2234, the price rallied above short-term moving averages and broke past the EMA(99) resistance at $0.2514. Trading volume has increased significantly, indicating renewed interest and potential for trend continuation.

šŸ“ˆ Trade Setup for Spot & Futures

Trade Type: Long

Entry Zone: $0.2500 – $0.2580

Stop Loss: Below $0.2390

Take Profit Targets:

šŸŽÆ TP1: $0.2680

šŸŽÆ TP2: $0.2790

šŸŽÆ TP3: $0.2880

šŸ“Š Market Insight

āœ… RSI(6): 74.47 — showing strong bullish momentum, nearing overbought territory

āœ… EMA(7) > EMA(25) — Bullish crossover confirms short-term trend reversal

āœ… Volume spike — confirming buyers are stepping in with conviction

āœ… Price has broken above EMA(99) ($0.2514), indicating possible start of mid-term uptrend

āœ… Higher low formation — suggesting accumulation breakout phase

šŸ·ļø #ALGO #altcoins #cryptotrading #BreakoutAlert #TechnicalAnalysis