$ALGO / USDT - Showing Positive Movement Around $0.228! 🟢
$ALGO is currently trading around $0.2286, up by +3.44% today. Let's analyze the price action on the 4-hour chart.
Market Snapshot:
Current Price: $0.2286
24h High: $0.2357
24h Low: $0.2151
24h Volume: 47.38M $ALGO / 10.74M $USDT
Technical Outlook (4h Chart):
Price has shown some upward movement after finding support.
Currently trading below the 24-hour high.
Key Levels to Watch:
Immediate Resistance: Around $0.2330 - $0.2360
Potential Support: In the $0.2250 - $0.2280 zone
Insight:
ALGO is showing signs of bullish momentum. A break above the $0.2360 resistance could lead to further gains. However, be mindful of potential resistance at the day's high.
