$ALGO /USDT is currently trading at 0.2099 on the 15-minute chart, with a notable 24-hour high of 0.2193 and low of 0.1571, reflecting a strong upward trend.
Traders can consider entering near 0.2080, as the price shows potential for continued gains. Resistance is observed at 0.2150, with support at 0.2000, providing key levels to manage trades.
For profit-taking, aim for TP1 at 0.2120, TP2 at 0.2150, and TP3 at 0.2180. To mitigate risk, place a stop-loss at 0.1980. With the RSI indicating bullish momentum and MACD aligning positively, this setup offers a favorable risk-reward ratio for short-term trading opportunities.