🚨 ALGO/USDT READY FOR THE NEXT MOVE – CRITICAL LEVELS IN FOCUS! 🚨 Rocket Booster.
ALGO is trading at $0.3127, showing a massive 36.13% surge in the last 24 hours, with a high of $0.3183 and a low of $0.2285. The price is currently riding strong bullish momentum, supported by the EMA(7) and EMA(25), signaling further potential upside.
Key Levels to Watch:
Resistance: $0.3180 – A breakout above this level could lead ALGO toward $0.3400 and possibly $0.3600 in the short term.
Support: $0.3000 – This level needs to hold to maintain bullish momentum. A breakdown could trigger a pullback to $0.2800 or $0.2600.
Entry Strategies:
1. Long Entry: Enter near $0.3050, targeting $0.3400, $0.3600, and $0.3800. Place a stop-loss at $0.2900 for risk management.
2. Short Entry: If ALGO fails to hold above $0.3000, enter short with targets at $0.2800 and $0.2600, keeping a stop-loss at $0.3200.
The EMA(7) line is currently guiding the trend, indicating a strong uptrend as long as the price stays above the EMA(25). Monitor volume for confirmation of a breakout or breakdown, and trade cautiously in these volatile conditions!
