Another Holding Performing Well – $ALGO Leading the Way
Another one from my portfolio is waking up 🔥
ALGO/USDT showing strong momentum after a clean reversal.
Why this move matter (Technical Breakdown):
✅ Price above EMA(9), EMA(20) & EMA(50) → bullish structure confirmed
✅ Higher low formed near 0.105 → trend reversal signal
✅ MACD bullish crossover → momentum shifting up
⚠️ RSI ~79 → slightly overbought, small pullback is healthy
🎯 Next Targets:
First target: 0.145 – 0.150 (previous resistance zone)
Major target: 0.165 – 0.170 if volume continues
Support to watch: 0.125 – 0.128
📌 As long as ALGO holds above 0.125, dips look like opportunities, not weakness.
Another reminder:
Patience + conviction = results 💎
