$ALGO /USDT BULLISH BREAKOUT IN MOTION! IS IT TIME TO RIDE THE WAVE?

📊 Current Price: $0.4487 (+15.70%)

Support Level: $0.4405

Resistance Level: $0.4580

🔍 Technical Analysis:

ALGO/USDT has broken out of its consolidation range and is now aiming to challenge the resistance level at $0.4580. A solid close above this level could lead to further gains, while failure to hold the support at $0.4405 may signal a pullback.

💡 Trade Setup:

Long Entry: Above $0.4500

Targets (TP):

1️⃣ $0.4600

2️⃣ $0.4700

Stop Loss (SL): $0.4405

OR

Short Entry: Below $0.4400

Targets (TP):

1️⃣ $0.4300

2️⃣ $0.4200

Stop Loss (SL): $0.4500

🌍 Market Outlook:

The bullish momentum of +15.70% in the past 24 hours shows that ALGO is in strong demand. If the price breaks $0.4580 resistance, expect more upside. Otherwise, a pullback towards support may offer buying opportunities.

📌 Risk Management:

Risk only 2-3% of your capital per trade. Always use stop losses to protect yourself in volatile markets!

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