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$ALGO 's Technical Analysis and Long Position Plan Overview #ALGO has demonstrated robust bullish momentum, surpassing critical resistance levels and supported by trend lines and moving averages. The following is a comprehensive guide to a long position strategy, including entry points, key targets, and a protective stop-loss. Entry Points * Current Price: $0.3078 * First Entry: Target around $0.2996, a level of previous solid support. This entry point is ideal for initiating a position, as it is backed by buying interest. * Second Entry (DCA): If the price dips further, consider adding to your position at $0.2700. This price zone has historically held as support and presents a good opportunity to average down. DCA Strategy Entering at these two levels helps to spread out the entry point and smooths out the cost in the event of price fluctuations. Targets * $0.32: The first resistance target. If ALGO breaks above this level, it could lead to further upside, as this level has seen selling pressure in the past. * $0.35: A solid next target, aligning with the next Fibonacci extension. This is a key area to watch, as price often finds resistance here or even flips to support. * $0.42: A more ambitious target. If ALGO maintains its momentum, reaching this level could signal sustained bullish strength and a continuation of the trend. * Final Target - $0.55: This is the top of our projection. A move here would indicate a strong breakout, likely fueled by ongoing bullish sentiment or positive developments. Stop-Loss Strategy * Placement: Below the major support at $0.2547. This is a crucial pivot point where price has reversed before. Placing the stop-loss here ensures protection from large drops but still allows for natural price movements.
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💰#ZEC/USDT 🔼 LONG ✳️ ENTRY - 58 , 54 REtest possible to 55 or 56 🎯 TARGETS - 61 , 65 , 70 , 76 , 83 🀄️ LEVERAGE - 10x 🔴 STOPLOSS - 49.76 $ZEC
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Is the SUI Rally Just Beginning? $SUI Ecosystem Update! Here's a quick rundown of the top performers in the #SUI ecosystem over the last 24 hours: * $MEMEFI - Up 119% to $0.01278 with a market cap of $127.02M. * $SLT - Jumped 26.76% to $0.00001006, now at $50.31M market cap. * $AXOL - Rose 26.76% to $0.01854 with a market cap of $18.43M. * #TURBOS - Increased by 18.11% to $0.003794, market cap at $7.01M. * $BLUB - Climbed 16.01% to 0.00000016 , with $2.33M in market cap. * #NAVX: Up 16.53% to $0.1316, market cap $41.65M. * $PUGWIF: Increased by 15.01% to $0.001476, market cap $1.37M. * #MOVE: Rose 13.53% to $0.08022, market cap $14.12M. * $CETUS: Up 13.82% to $0.3678, with a market cap of $222.18M. * #ALPHA: Gained 12.02% to $2.329, market cap $14.15M. * #TYPUS: Increased by 9.91% to $0.07755, market cap $8.63M. The SUI ecosystem is on fire today with significant gains across multiple tokens. Keep an eye on these as they might continue their upward trend. 📈
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BTC will touch 🤔
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I sent 3 trades yesterday, and they are still running at a loss. I am holding . Risk management is a crucial aspect of trading. check my margin ratio and liquidation price !!
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