🔹 $ALGO
/USDT – Building Base, Modest Upside Momentum
Current Price: $0.1751
24h Change: +1.63%
📊 Market Overview
Metric Value
24h High: $0.1764
24h Low: $0.1721
24h Volume (ALGO): 15.49M
24h Volume (USDT): $2.69M
Visible Depth Vol: ~201,703
📉 Key Levels
Price Role Comment
$0.1764 Resistance 24h high – key near-term breakout zone
$0.1751 Current Price Testing minor resistance
$0.1734 – $0.1721 Support Demand zone;
recent low + depth buyers
$0.1711 Critical Support Breakdown below here weakens short-term structure
🧠 Technical Outlook
Trend Bias: Mildly bullish but still in a sideways channel.
Volume: Relatively low volume for a sustained breakout; needs confirmation.
Structure: Tight consolidation between $0.172–$0.176. Breakout could trigger quick 2–4% move.
MA Insight:
MA(5): Short-term bullish crossover
MA(10): Still trailing; catch-up phase if price holds above $0.175
🎯 Trading Plan
Strategy Entry/Exit Zone Reason
Buy on Pullback $0.1730–$0.1720 Safe
accumulation area – visible support
Breakout Entry >$0.1765 Confirmation of short-term trend shift
Short-Term Target $0.180 → $0.185 Based on prior reaction zones
Stop-Loss (tight) <$0.171 Exit below base support structure
📌 Summary
ALGO is showing early signs of recovery, forming a tight range with slight upward bias. A breakout above $0.1765 could bring in short-term buyers and push it toward $0.180–$0.185. However, lack of strong volume means any breakout needs to be confirmed before chasing.
#ALGO #BinancePizzaVN #BTCWhaleMovement #OneBigBeautifulBill #Write2Earn