$ALGO /USDT: Bullish Momentum Gaining Traction – Key Levels to Watch
Current Price: $0.3584 (+4.26%)
24h High: $0.3617
24h Low: $0.3273
Volume (24h): 70.78M $ALGO
🚀 Targets to Watch:
1️⃣ Target 1: $0.3650 (Immediate resistance)
2️⃣ Target 2: $0.3750 (Breakout level)
3️⃣ Target 3: $0.4000 (Major bullish target)
🔻 Support Levels:
1️⃣ Support 1: $0.3500 (Critical short-term support)
2️⃣ Support 2: $0.3400 (Fallback level for retracement)
💡 Technical Insights:
$ALGO has displayed a robust recovery with consistent higher lows on the 15-min chart.
Strong buying volume indicates bullish momentum, aiming for the $0.3650 resistance.
A breakout above $0.3750 could propel the price to $0.4000.
🔔 Pro Tip: Watch for sustained volume at $0.3650 for a potential rally. Place stop-loss below $0.3500 to manage risk effectively.
#ALGO #CryptoSignals #BinanceUpdates #BTC94KShowdown #SolvProtocolMegadrop