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📊 ALGO/USDT: local volatility and trend search
ALGO is showing a classic sideways movement again with sharp candles on short timeframes. On the 15-minute chart, the price is testing local support around 0.1316, after which it tries to form a rebound. The RSI is returning above 50, which may signal a short-term recovery of buyer interest.
The volume is currently stable, but without sharp spikes — the market is watching closely. If ALGO can establish itself above 0.133, there will be a chance for movement towards the upper channel zone.
I am monitoring the situation — this asset has room to develop, but the market needs to be read carefully.#TradingCommunity $ALGO
{spot}(ALGOUSDT)
$BTC
{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)
ALGO is showing a classic sideways movement again with sharp candles on short timeframes. On the 15-minute chart, the price is testing local support around 0.1316, after which it tries to form a rebound. The RSI is returning above 50, which may signal a short-term recovery of buyer interest.
The volume is currently stable, but without sharp spikes — the market is watching closely. If ALGO can establish itself above 0.133, there will be a chance for movement towards the upper channel zone.
I am monitoring the situation — this asset has room to develop, but the market needs to be read carefully.#TradingCommunity $ALGO
{spot}(ALGOUSDT)
$BTC
{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)
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