$ALGO

- Bullish Setup

The Algorand coin has risen from the support level of $0.26, surpassing the resistance level with strong trading volume. Continuous momentum above $0.277 may lead to a sustained rise towards higher resistance areas.

Trading Setup (Buy):

Entry Price: $0.276 - $0.278

Target 1: $0.283

Target 2: $0.288

Target 3: $0.294

Stop Loss: $0.272

Risk Management: Limit risk to 1-2% of total capital per trade, and take partial profits upon reaching each target to secure gains.