🚨 $ALGO /USDT ALERT: Approaching Critical Levels – Watch Closely! 🚨
ALGO is trading at $0.4894, up 7.35%, showing a bullish trend but facing resistance near recent highs of $0.5242. The price is consolidating, indicating potential for a big move.
Key Levels to Watch:
Resistance: $0.5000, $0.5150, $0.5242 – A breakout above these levels could confirm bullish continuation.
Support: $0.4800, $0.4600, $0.4400 – Maintaining above these levels is crucial to avoid further pullbacks.
Trade Setup:
Long Entry: Above $0.4950, aiming for $0.5150, $0.5242, and $0.5350, with a stop loss at $0.4800.
Short Entry: Below $0.4800, targeting $0.4600, $0.4400, and $0.4200, with a stop loss at $0.4900.
ALGO’s price action indicates heightened volatility – stay alert for significant moves!