⚡️ Alpha Trade: $ALGO /USDC Setup ⚡️
$ALGO is showing a short-term bearish consolidation, testing the lower boundary of its recent trading range. The MA25 and MA99 lines are converging nearby, and the RSI(6) is turning flat around 30.55, indicating that the selling pressure is cooling down. A bullish defense of this level could spark a quick rally back to local highs.
🚀 Trade Type: LONG (Buy)
📈 Market Sentiment: Bullish Reversal
🎯 Entry Range: 0.1114 - 0.1122
🛑 Stop Loss: 0.1090 (Below the local swing low)
💰 Take Profit Targets:
• TP 1: 0.1135
• TP 2: 0.1150
• TP 3: 0.1165
Trade safely and stick to the plan! 💎
#ALGO #Algorand #Altcoins #TradingPlan
ALGOUSDT
Διην.
0.1107
-9.92%