$ALGO /USDT LONG TRADE SIGNAL🟢
REJECTION WICK FORMED AT $0.1578!
BOUNCE AFTER LIQUIDITY SWEEP NEAR SUPPORT!
POTENTIAL RETEST OF $0.1613 EMA ZONE INCOMING📈
$ALGO dipped sharply to $0.1578 but was quickly bought back, forming a bullish wick on the 30m chart. Price is now stabilizing around $0.1600, with EMAs overhead acting as near-term resistance targets.
🔹 Key Technical Zones:
• Support: $0.1575 – $0.1550
• Resistance: $0.1614 – $0.1672
• Breakout Level: $0.1613 (EMA99)
• Target Range: $0.1640 – $0.1670
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📈 TRADE SETUP
• Entry Point: $0.1595 – $0.1605
• Stop Loss: $0.1555
• Take Profit:
• TP1: $0.1615
• TP2: $0.1640
• TP3: $0.1670
• Margin: 2–3% of wallet
• Leverage: 10x
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📊 Market Outlook:
ALGO is showing a classic rebound pattern from support. If it reclaims the EMA cluster around $0.1613, bullish continuation toward the $0.1672 high is likely.
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