🚨 $ALGO Is Heating Up – Is This The Breakout You’ve Been Waiting For? 💥🚀**
Algorand just popped back above $0.28–$0.29, breaking out from a symmetrical triangle/wedge after a long downtrend—now it’s coiling for something big. The question is: will this fuel a 50–100% rally? Or is it just another fakeout?
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⚔️ **TRADE SETUP (Scalp / Momentum Trade):**
📌 Entry Zone: $0.28 – $0.30
🎯 Target 1: $0.35
🎯 Target 2: $0.42
🛑 Stop Loss: $0.25
⚡ Leverage: 3×–5× (tight risk, high upside)
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💡 **Why This Setup Could Explode:**
✅ ALGO has broken major downtrend resistance, with potential for a 40–50% move
✅ Pattern backed by double-bottom / falling wedge setup, signaling reversal
✅ Rising volume & on‑chain growth—transactions surged 34K in 3 seconds
✅ Analysts targeting $0.35–$0.60, with upside to $0.50+ if momentum holds
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📈 This feels like a textbook prime setup—ALGO flipping structure, volume backing the move, and clear upside zones. A candle above $0.30–$0.31 could light the fuse.
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👇 Community Check-In – What’s Your Call?
🚀 “All-in on breakout”
🔁 “Waiting for a pullback to $0.26–$0.27”
🙃 “Nah, too early—still caution mode”
Drop your emoji and tag a friend — let’s see who’s catching this wave!
