🚨 $ALGO /USDT – +19% Surge! Breakout Just Starting or Time to Take Profits? 🚀⚠️
#Algorand ($ALGO) is making waves, rallying to $0.2294 (+19.05%), just beneath its 24h high of $0.2334. Layer 1 momentum is building—can it fly past $0.24?
📊 Market Overview
📍 Current Price: $0.2294
📈 24h High: $0.2334
❄️ 24h Low: $0.1925
📊 Parabolic SAR: $0.2110 (Uptrend confirmed)
📉 MACD Momentum:
DIF: 0.0118 (Bullish momentum accelerating)
DEA: 0.0043
MACD: 0.0149 (Fresh buy signal)
📈 ALGO Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If ALGO Holds Above $0.226):
Entry: Above $0.2335
Targets: $0.24, $0.26, $0.28
Stop-Loss: $0.211
🔹 Bearish Scenario (If ALGO Breaks Below $0.211):
Entry: Below $0.210
Targets: $0.196, $0.182, $0.170
Stop-Loss: $0.2335
🔍 Should You Hold or Sell?
✅ ALGO is trading above all key MAs (7/25/99) – full bullish structure
✅ MACD + Volume show real momentum
⚠️ $0.24–$0.26 range could attract short-term selling pressure
💡 Pro Tip:
📈 Watch for a volume-confirmed breakout above $0.2335 to validate the next leg
📉 If RSI overheats or candles start to reject $0.24, tighten stops
📢 What’s your ALGO move—ride the trend or secure the gains?
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