🔍 Technical Setup to Watch for Signal for #ALGO
Support Zone:
Around 0.188 – 0.195 USDT — previously tested levels.
Resistance Levels (on the way to 0.2407):
0.2100 → minor resistance
0.2250–0.2300 → strong resistance
0.2407 → Target; potential top before retracement
Signal Criteria (Buy Setup):
RSI around 50 and rising → shows momentum buildup.
MACD bullish crossover on 4h or 1d chart.
Price breakout above 0.2100 on high volume.
Ideal Entry Zone (short term):
On pullback to 0.195–0.200, with a tight stop at 0.188.
Or breakout confirmation above 0.210.
✅ Sample Trade Signal (Not Financial Advice)
Buy Entry: 0.197–0.202 USDT
Target: 0.2407 USDT
Stop Loss: 0.186 USDT
Risk/Reward: ~1:3
This trade expects short-term bullish continuation. Use leverage only if you understand the risk.