$ALGO/USDT - Showing Strength

📈 ALGO/USDT Breaks Above Key Level - Targets?

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Current Price: $0.2294 (+0.53%)

ALGO is pushing against its 24h high with decent volume.

✅ Key Levels to Watch:

Resistance: $0.2299 → $0.2310 → $0.2323

Support: $0.2277 → $0.2248 (24H Low)

📊 My Take:

Bulls are defending the $0.2277 level. A break above $0.2323 could be very bullish for a run towards $0.24.

💰 Strategy:

A break above $0.2300 could be a good momentum entry.

📈 Trade Plan:

Entry: Break above $0.2300

Target: $0.232 → $0.236

Stop Loss: Below $0.2280

🔥 Overall Trend: Neutral to Bullish in the short term.

#Algorand #ALGO #Layer1 #Crypto