š¢ $ALGO /USDT Bullish Breakout & Trend Shift
Price Action:
$ALGO has broken out cleanly from the $0.116 demand zone and pushed toward $0.124, forming a clear sequence of higher highs and higher lows. The pullback is shallow, suggesting strong bullish acceptance.
Key Levels:
Support: $0.120 ā $0.121 (reclaimed breakout zone)
Immediate Resistance: $0.124
Next Resistance: $0.130 ā $0.135
Trade Setup (Long):
Entry: $0.1205 ā $0.1230 on pullbacks or continuation
Targets:
šÆ T1: $0.124
šÆ T2: $0.130
šÆ T3: $0.138
Stop Loss: Below $0.1175 (structure invalidation)
Market Sentiment:
Momentum has shifted firmly in favor of buyers, with dips being absorbed quickly. As long as ALGO holds above reclaimed support, continuation toward higher resistance remains the preferred path.
Bias: Bullish above $0.120.

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