$ALGO

/USDT Technical Analysis

Looking at the recent price action for $ALGO /USDT, we’re seeing a bullish shift with a notable 13.07% increase. Let’s break down the technical levels to watch for potential targets.

Current Price: $0.3798

24h High: $0.3848 | 24h Low: $0.3273

Target Levels 🎯:

1. Target 1: $0.3840

If the price breaks the 24h high, this level could act as a short-term resistance point. A strong close above it could indicate further upside momentum.

2. Target 2: $0.4000

This psychological resistance lies just above $0.3840. Watch for any pullbacks here for potential entry points if the market remains bullish.

3. Target 3: $0.4200

A continuation of the uptrend could push ALGO toward the $0.42 mark. If the market supports it, this could be the next major milestone.

Key Indicators:

24h Volume (ALGO): 97.10M

24h Volume (USDT): 34.41M

Market Sentiment: Bullish

Keep an eye on these levels as we expect potential volatility around these points. Stay updated for more technical insights!

#ALGO #USDT #TechnicalAnalysis #Binance #Crypto #CryptoTrading