$ALGO /USDT – Market Analysis & Trade Setup
📊 Current Price: $0.2883 (+18.50%)
📊 Key Trading Data:
🔹 24H High: $0.3078
🔹 24H Low: $0.2425
🔹 24H Volume (ALGO): 271.96M
🔹 24H Volume (USDT): $74.50M
📊 Key Levels to Watch:
🔹 Resistance Levels: $0.2950 → $0.3078 → $0.3150 → $0.3300
🔹 Support Levels: $0.2790 → $0.2628 → $0.2465 → $0.2340
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📈 Potential Trade Setups
✅ Bullish Scenario (Long Trade):
Entry: $0.285 - $0.279 (if support holds)
Targets:
✅ TP1: $0.2950
✅ TP2: $0.3078
✅ TP3: $0.3150
Stop Loss: $0.2700
🔻 Bearish Scenario (Short Trade):
Entry: $0.300 - $0.308 (if rejection occurs)
Targets:
✅ TP1: $0.2790
✅ TP2: $0.2628
✅ TP3: $0.2465
Stop Loss: $0.3150
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📉 Conclusion:
ALGO is in a strong bullish trend, but facing resistance near $0.3078. A breakout could push it towards $0.315 - $0.330, while rejection may lead to a pullback toward $0.279 - $0.263.
🚀 Watch volume & trend confirmation before trading!
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