$ALGO has delivered a strong +20% move and is now consolidating just below the 0.105 resistance. This tight consolidation after a sharp rally signals strength, not weakness. If buyers maintain pressure above 0.10, the next breakout leg is highly probable.
Trade Setup
Entry Zone:
0.098 – 0.102
Take Profits:
• TP1: 0.105
• TP2: 0.112
• TP3: 0.120+
Stop Loss:
0.093
Momentum remains strongly bullish, with higher lows forming on lower timeframes. The key level is 0.105 resistance — a breakout above this zone can trigger acceleration toward 0.11–0.12 quickly.
If price loses 0.098, expect a short-term pullback toward 0.09 before continuation. Overall structure still favors upside continuation.
Buy now and trade here on $ALGO
ALGO
0.0994
-3.58%