$ALGO /USDT

⚙️ ALGO/USDT Analysis

🔹 Market Overview

Current Price: $0.1817

24h Change: +4.13%

24h High / Low: $0.1824 / $0.1711

Volume:

ALGO: 24.67M

USDT: 4.36M

Trend: Recovery from local support, modest bullish momentum

🔑 Key Technical Zones

ZoneTypeDetails$0.1681 – $0.1711Strong SupportRejection zone, historical bounce level$0.1817 – $0.1841Current ResistanceTesting this level for breakout$0.1932 – $0.2022Bullish Target ZonePotential breakout area if trend continues$0.1660Hard StopBreakdown invalidation zone

✅ Trade Strategy

Option A: Support Entry (Swing Trade)

Entry: $0.1720 – $0.1750 (pullback zone)

Stop-Loss: $0.1655

Targets:

TP1: $0.1817 (local resistance)

TP2: $0.1932 (major target)

TP3: $0.2022 (extended target)

Option B: Breakout Entry

Entry: Confirmed 1h/4h close above $0.1845

Stop-Loss: $0.1785

Targets:

TP1: $0.1932

TP2: $0.2022

TP3: $0.2090 (if momentum is strong)

⚠️ Notes

Volume is healthy, indicating active interest.

Needs strong push above $0.1841 for bullish continuation.

Monitor BTC/USDT trend for confirmation before large position sizing.

#BinanceHODLerHOME #MarketRebound #IsraelIranConflict #Write2Earn! #ALGO