If $ALGO breaks and consolidates above the $0.3600 resistance, it could target $0.3700 or higher in the short term. RSI nearing overbought levels suggests a possible short-term correction. Watch for a pullback toward $0.3380, which could present a re-entry opportunity.
Buy on Breakout: Enter if the price breaks and sustains above $0.3600.
Stop Loss: Place a stop loss below $0.3380 to manage risk.
Profit Target: $0.3700 and $0.3800 in the short term.
Support and Resistance Levels
Immediate Support: $0.3380 (prior resistance now acting as support).
Next Support: $0.3130 (MA-25 level).
Immediate Resistance: $0.3600 (psychological and recent 24H high).
Next Resistance: $0.3700 (key psychological barrier and potential breakout level).
