📌 ALGO – Is it time to break through or continue accumulating?

$ALGO #ALGO #Algorand #Layer1

Current price: $0.2317 | 24h: +3.56% | Volume 24h: $84.6M

🔍 Summary of multi-timeframe technical trends

Analysis of timeframes M15 – H1 – H4 – D1 shows: a short-term uptrend is forming on H1 and H4, however, the D1 timeframe is still in an accumulation phase.

🎯 Short-term trading strategy

Long Order: Entry $0.2250 | TP $0.2500 | SL $0.2150 | Probability 70%

Short Order: Entry $0.2500 | TP $0.2300 | SL $0.2600 | Probability 40%

(No Short recommendation as the D1 timeframe is showing strong support, high risk)

⚠️ Quick note

Futures trading can yield high profits but comes with significant risks. Capital management is mandatory.

✅ Conclusion

Don't miss the opportunity! Click on the ALGO chart below to see details and trade directly on Binance.

$ALGO