๐ #ALGO/USDT Trade Setup ๐ $ALGO
๐ Breaking barriers! The price, riding high in the Uptrend, recently shattered the Channel Down pattern and conquered the $0.20 resistance. Here's the roadmap:
1๏ธโฃ Uptrend Continuation: Eyes on a potential +20% surge to $0.24.
2๏ธโฃ Swing Entry: A pullback near $0.17 (prev. resistance) could offer a strategic entry point.
๐ Trend: Uptrend (ST, MT, LT)
๐ Momentum: Bulls in control! MACD Line > Signal Line, RSI > 55.
๐ Supp/Res: $0.17 (prev. resistance), $0.15 / $0.20, $0.24
๐จ Set alerts & manage risk!
๐ฏ Buy Signal 1: Break above $0.20 (Uptrend continuation)
๐ฏ Buy Signal 2: Pullback near $0.17 (Swing entry opportunity)
๐ฏ Sell Target: $0.24 (20% upside potential)
๐ Stop Loss: $0.18
Keep a close watch! ๐ #CryptoTrading #ALGORAND #ALGO #Write2Earn