$ALGO /USDT: Bullish Momentum Gaining Traction ā Key Levels to Watch
Current Price: $0.3584 (+4.26%)
24h High: $0.3617
24h Low: $0.3273
Volume (24h): 70.78M $ALGO
š Targets to Watch:
1ļøā£ Target 1: $0.3650 (Immediate resistance)
2ļøā£ Target 2: $0.3750 (Breakout level)
3ļøā£ Target 3: $0.4000 (Major bullish target)
š» Support Levels:
1ļøā£ Support 1: $0.3500 (Critical short-term support)
2ļøā£ Support 2: $0.3400 (Fallback level for retracement)
š” Technical Insights:
$ALGO has displayed a robust recovery with consistent higher lows on the 15-min chart.
Strong buying volume indicates bullish momentum, aiming for the $0.3650 resistance.
A breakout above $0.3750 could propel the price to $0.4000.
š Pro Tip: Watch for sustained volume at $0.3650 for a potential rally. Place stop-loss below $0.3500 to manage risk effectively.
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