$ALGO

/USDT Technical Analysis:

Current Price: $0.4290 (up +4.81% in 24 hours)

24h Range: $0.4038 - $0.4436

Trend: Bullish (positive momentum with a recent price increase)

RSI (Relative Strength Index): Suggesting slightly overbought conditions but still strong.

Support Levels: $0.4038 (primary), $0.4164

Resistance Levels: $0.4456 (immediate), $0.4500 (higher resistance)

Trade Signal:

Entry: Buy around $0.4290 (current price)

Momentum: Bullish, indicating upward price movement.

Target Levels:

1. Target 1: $0.4400 — First short-term resistance.

2. Target 2: $0.4456 — Re-test of 24h high and further upside potential.

3. Target 3: $0.4500 — Psychological resistance, higher potential gain.

Trade Momentum: The price is on an upward trajectory, supported by buying momentum. Hold until first resistance or adjust to your risk tolerance.

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