The $ALGO /USDT pair is currently hovering around 0.3707. Let's explore the key levels to focus on and devise a solid strategy:

🔒 Support Zone: 0.3600

The 0.3600 mark has proven to be a reliable support area. A pullback to this level might offer a low-risk entry point, with the potential for a bounce higher. Traders should watch for signs of stabilization at this level before entering.

⚡ Resistance Zone: 0.3850

At the 0.3850 level, ALGO faces significant resistance. A clean breakout above this threshold could open the door for a continuation rally, possibly targeting 0.4000 or even higher.

🎯 Strategic Entry:

A good entry could be near the 0.3600 support, with a stop placed slightly below at 0.3550. If the price breaks through 0.3850 with conviction, that could signal an ideal moment to enter with momentum for further upside.

📊 Outlook:

The price action around these levels will be crucial. Keeping an eye on both the support at 0.3600 and resistance at 0.3850 will help you stay ahead of potential moves.