🚨 $ALGO /USDT: Gaining Momentum for a Major Move! 🚨
$ALGO is trading at 0.4811, up 5.02% over the last 24 hours. A strong breakout attempt has propelled ALGO near its daily highs, signaling a continuation of bullish momentum.
💡 Key Levels to Monitor:
• Resistance Levels: 0.5000, 0.5200, 0.5400
• Support Levels: 0.4600, 0.4400, 0.4200
📉 Trade Setup:
• Long Entry: Above 0.5000, targeting 0.5200, 0.5400, and potentially 0.5600.
• Short Entry: Below 0.4600, aiming for 0.4400, 0.4200, and 0.4000.
• Stop Loss: Tighten risk near 0.4600 for longs and 0.5000 for shorts.
⚠️ Caution: ALGO has witnessed high volatility in the past hours; manage your positions carefully and wait for confirmation before entering trades!