๐จ Exciting Announcement! ๐จ
๐ Coin Name: ALGO/USDT
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Observing the hourly frame of ALGO reveals a descending triangle pattern, characterized by consecutive lower highs and a consistent support level. The breakout resistance line, marking the upper boundary of this triangle, holds significant implications for determining bullish sentiment. A breach above this resistance line signals a potential momentum shift in favor of the bulls. Consequently, traders and investors interpret such breakouts as bullish indicators, suggesting the potential for further upward price movement in ALGO.
๐ข Long Position ๐ข
Entry: 0.1704
Take Profit Targets:
1st) 0.1779
2nd) 0.1799
3rd) 0.1811
4th) 0.2137
LEVERAGE: 10X
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