$ALGO /USDT Market Overview & Trade Setup

Trade Setup – Long Opportunity

📌 Entry Price: $0.1750 - $0.1850

🎯 Target 1: $0.1890

🎯 Target 2: $0.1945 - $0.2000

🛑 Stop Loss: $0.1700

Why Long?

ALGO is near its 24h low ($0.1736), which could act as strong support.

Moving averages (MA7: $0.1891, MA25: $0.1918, MA99: $0.1899) indicate a possible bounce if price stabilizes above $0.1850.

If ALGO reclaims $0.1890, momentum could push it toward $0.1945 - $0.2000.

A break below $0.1725 may signal further downside.

Risk Management Tip:

Secure partial profits at $0.1890 and move stop-loss to breakeven.

If ALGO struggles to reclaim $0.1945, consider taking profits early.#ALGO #Write2Earn! #ALGO/USDT #ALGO/USDT↘️🟥 #ALGO.