đ $ALGO
/USDT Technical Analysis đ
The ALGO/USDT pair has been showing significant momentum in the last 24 hours, with a +30.50% price increase. Letâs dive into the key levels to watch for potential targets.
đ Current Price: $0.3059
đ 24h High: $0.3210
đ 24h Low: $0.2285
Key Technical Levels for ALGO/USDT:
1ïžâŁ Target 1: $0.3210
Why: The 24-hour high is acting as strong resistance. If ALGO breaks above this level, we could see further bullish continuation towards higher levels.
2ïžâŁ Target 2: $0.3500
Why: This is a psychological level and aligns with a possible breakout scenario if the price maintains momentum. A break above this could signal further bullish strength.
3ïžâŁ Target 3: $0.3750
Why: The next key resistance zone lies here, offering a significant level for potential profit-taking or trend reversal.
Support Levels to Watch:
First Support: $0.2800
Second Support: $0.2500
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