📈 Professional analysis of the trade. $ALGO /USDT 🚀💯
The pair $ALGO is witnessing a strong rise after bouncing off the support at $0.2599, currently trading near $0.2752 supported by clear buying momentum and the price nearing its daily peak at $0.2804.
🔹 Entry Zone: 0.2700 - 0.2680
🎯 Targets:
1. 0.2785
2. 0.2804
3. 0.2830
🛡 Support: 0.2710
📌 Resistance: 0.2804
⚖ Pivot Point: 0.2755
💡 Professional Tip: If the price fails to break through $0.2804, one can wait for a retest of $0.2740 as an opportunity to re-enter. Breakouts are more reliable when hourly candles close above resistance with strong trading volume.
⚠ Important Note: This trade is not a financial recommendation, and one should not risk more than 5% of their capital on a single trade, while adhering to placing a stop-loss order to protect capital.
#Binance #crypto #digital_currencies #صفقات