$ALGO /USDT

⚡ ALGO/USDT Strategy (15-Min Chart)

📊 Market Overview

MetricValueCurrent Price$0.186824h High$0.188724h Low$0.1722Volume (ALGO)47.88MVolume (USDT)$8.57M

📍 Key Levels

TypePriceResistance$0.1887 → $0.1892Support$0.1855 → $0.1836 → $0.1818 → $0.1804

📈 Bullish Setup (Breakout Play)

✅ Conditions for Long Entry

Price breaks and closes above $0.1887 (24h high)

EMA 9 > EMA 21 on the 15m chart

RSI (7 or 14) between 60–75 and trending up

Volume spike on breakout confirmation

▶️ Buy Entry

Above $0.1892 (clean breakout zone)

⛔ Stop Loss

Below $0.1855 (nearest support)

Suggested SL: $0.1850

🎯 Take Profit Targets

TP1: $0.1915

TP2: $0.1940

Use a trailing stop once TP1 is hit

📉 Bearish Setup (Rejection & Breakdown)

⚠️ Conditions for Short Entry

Price rejected at $0.1887 → falls below $0.1855

EMA 9 < EMA 21 crossover

RSI overbought (>70) then dropping

Volume builds on red candle below $0.1855

▶️ Sell Entry

Below $0.1855

⛔ Stop Loss

Above $0.1873

Suggested SL: $0.1880

🎯 Take Profit Targets

TP1: $0.1836

TP2: $0.1818

Optional: scale out if price approaches $0.1804

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