ALGO Bouncing Hard From Weekly Lows, Long the Recovery ๐ข๐
Trade Setup: Long ๐ข๐
Entry Zone: $0.1011 โ $0.1050
๐TP1: $0.1084
๐TP2: $0.1189
๐TP3: $0.1270
SL: $0.0960
Why this Setup? ๐โก๐ฅ
ALGO printed a massive reversal from $0.0794 and has been holding structure ever since. Current price at $0.1050 is consolidating right above the $0.1011 daily low โ buyers are defending this zone aggressively. 24H volume of 28.07M ALGO confirms accumulation is real, not fake. The retracement from $0.1270 looks like a textbook pullback before continuation. Entry here gives a clean reload opportunity with the $0.1270 previous swing high as the natural target and hard risk defined below $0.0960.
Trade Here On
ALGO
0.1179
-4.30%
Also, Don't forget these ๐...
ADA
0.2656
-2.92%
SOL
91.23
-4.17%