$ALGO – LONG TRADE SIGNAL AS PRICE CONSOLIDATES NEAR SUPPORT
$ALGO /USDT has found short-term support at $0.2299 after a sustained downtrend. Price action is forming a potential base near recent lows with signs of buyer defense. If this level holds, a relief bounce is likely.
Trade Setup:
Long Entry: $0.2320
Targets: $0.2400 / $0.2530
Stop Loss: $0.2265
Short outlook: $ALGO remains bearish in structure but could see a corrective bounce if support holds. Watch volume closely for confirmation.
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