🚨 $ALGO /USDT ALERT: Enter NOW at $0.2844 – Major Breakout Potential! 🚨
ALGO has surged over 24.9%, showing strong upward momentum as it consolidates after testing its 24-hour high of $0.2960. The price is currently holding near $0.2844, with bulls attempting to maintain control. Traders should watch closely as ALGO nears a decision point between bullish continuation or a potential pullback.
💡 Trade Setup
Entry Price: $0.2844
Resistance Levels:
1. $0.2960
2. $0.3050
3. $0.3200
Support Levels:
Strong support sits at $0.2780; losing this could trigger a retest of $0.2600.
🔑 Take-Profit Targets:
1. $0.3000
2. $0.3100
3. $0.3250
🔻 Stop Loss: Set below $0.2750 to manage risk effectively.
⚠️ Caution: ALGO is trading near critical resistance at $0.2960. A failure to break out could lead to consolidation or retracement. Watch for volume confirmation and manage your risk wisely!