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$ALGO /USDT - Breaking Out with Momentum!
🔥 Price Update:
Current Price: $0.4832 (+11.49%)
24h High: $0.4939 | 24h Low: $0.4304
24h Volume: 242.87M ALGO / $112.98M USDT
📊 Key Levels to Watch:
🔹 Resistance: $0.4939 | $0.5000
🔹 Support: $0.4748 | $0.4501
📈 Market Insights:
ALGO has surged by over 11%, reclaiming its bullish momentum and nearing the critical resistance at $0.4939. If the price consolidates above $0.4800, we could see a breakout toward the psychological level of $0.5000 or higher.
💡 Trading Ideas:
Bullish Scenario: A breakout above $0.4939 could target $0.5050 and beyond.
Bearish Scenario: A pullback below $0.4748 may lead to retests of $0.4501 or lower.
📅 Timeframes to Monitor: 15m | 1h | 4h for breakout confirmation or potential reversals.
📌 Keep an eye on ALGO and trade wisely! 🚀
#ALGO #CryptoTrading #Binance #ALGOUSDT