Hereโ€™s your $ALGO

/USDT analysis

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๐Ÿ“Š ALGO/USDT Overview

๐Ÿ”น Metric ๐Ÿ”ข Value

๐Ÿ’ฐ Last Price $0.1681

๐Ÿ“‰ 24h Change -0.94%

๐Ÿ“ˆ 24h High $0.1712

๐Ÿ“‰ 24h Low $0.1661

๐Ÿ’ธ 24h Volume (ALGO) 18.77 Million ALGO

๐Ÿ’ต 24h Volume (USDT) $3.17 Million USDT

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๐Ÿ“ˆ Moving Averages & Volume

๐Ÿ“Š Indicator ๐Ÿ“ Value ๐Ÿงญ Signal

๐Ÿ”น MA(5) 407,114 ALGO Short-term volume decreasing

๐Ÿ”น MA(10) 536,896 ALGO Overall declining interest

๐Ÿ”ป Current Vol 236,013 ALGO Significantly below MAs (weak) โš ๏ธ

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๐Ÿงฑ Support & Resistance Zones

๐Ÿ”ผ Resistance ๐Ÿ”ฝ Support

$0.1713 (close to 24h high) $0.1661 (24h low)

$0.1730 (next strong R) $0.1650 (key support zone)

$0.1750+ (bull target) $0.1646 (extension support)

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๐Ÿง  Technical Sentiment

๐Ÿ“ฆ Sideways consolidation

๐Ÿ“‰ Slight bearish pressure, but still within a tight range

๐Ÿ” Watch for breakout above $0.1715 or breakdown below $0.1650

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โš”๏ธ Trade Setup Ideas

โš–๏ธ Bias ๐Ÿ’ก Setup

๐ŸŸข Scalp Long Entry: $0.1660โ€“0.1670 ๐ŸŽฏ Target: $0.1700โ€“0.1710 ๐Ÿ›‘ SL: Below $0.1640

๐Ÿ”ด Scalp Short Entry: $0.1715โ€“0.1730 ๐ŸŽฏ Target: $0.1670 ๐Ÿ›‘ SL: Above $0.1745

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๐Ÿ”ฎ Outlook Summary

๐Ÿ”ธ ALGO is in consolidation with low momentum

๐Ÿ”น A break above $0.1713 could signal a short-term uptrend ๐Ÿ“ˆ

๐Ÿ”ป But a fall under $0.1650 might lead to deeper correction ๐Ÿงจ

๐Ÿ“‰ Volume is light, so expect slower moves unless a catalyst arrives

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Want me to include RSI, MACD, or trend projections? ๐Ÿ“‰๐Ÿ“Š

#ALGO #ALGO_USDT #PowellRemarks #Write2Earn #FOMCMeeting