$ALGO /USDT Bull Run Confirmed!🔥💯
ALGO/USDT is showing strong momentum with a breakout along the ascending channel, trading at $0.3538 (+1.23%) on the 15-minute chart. This bullish structure signals a potential upward trend, making it an ideal entry point for short-term and swing traders.
Targets:
• Immediate Target: $0.3650
• Extended Target: $0.3800
Stop Loss:
• Place at $0.3400 to manage risk in case of a reversal.
Analysis:
• The price is respecting the upward trendline, confirming strong buying interest.
• Volume is increasing, supporting the breakout momentum.
• Short-term traders should secure partial profits at the immediate target.
Keep an eye on price action to adjust your strategy as the market evolves!