🚨 $ALGO /USDT ALERT: Pullback from Resistance! 🚨
ALGO is currently trading at $0.4769, showing a 7.63% gain. It faced resistance at the 24-hour high of $0.5242, leading to a retracement. The price is approaching key moving averages that could act as support.
Key Levels to Watch:
Resistance: $0.5242 – Breaking above this could target $0.5400, $0.5600, and $0.5800.
Support: $0.4700 – Holding above this level is crucial to maintain bullish momentum. Further downside could test $0.4500 and $0.4300.
Trade Setup:
Long Entry: Above $0.5242, targeting $0.5400, $0.5600, and $0.5800, with a stop loss at $0.4700.
Short Entry: Below $0.4700, targeting $0.4500 and $0.4300, with a stop loss at $0.4900.
ALGO is consolidating near critical levels—prepare for its next move!
