$ALGO Targets $0.50+? The Momentum is Real đ„đ
Current Price: $0.3002
Timeframe: 4H Chart
đŻ Targets
Target 1: $0.35 đą
Short-term resistance and recent local peak zone.
Target 2: $0.42 âĄ
Major historical resistance from February 2025.
Target 3: $0.50 đ
Psychological level + potential FOMO trigger.
đĄïž Support Levels
Support 1: $0.25 đĄïž
Last breakout zone and MA 200 support area.
Support 2: $0.20 âïž
Previous consolidation base.
đ Technical Snapshot
Breakout Confirmed: Strong impulse candle closed above the 200 MA, signaling momentum shift.
Volume Spike: Volume confirms the move, indicating buyers stepping in aggressively.
Moving Averages: All short and mid-term MAs are flipping bullish.
â ïž Risk Note
Always use stop-losses and avoid emotional trading. Crypto is volatileâstay smart, stay safe. đ§ đđ