🔥 Your eye on $ALGO : Are we close to the bottom?
Hey guys, this is my personal analysis, study the market and enter at your own responsibility and stick to the stop loss ⚠️
The current price is $0.1186 and down by 0.84%- 📉
📊 Indicators: The RSI(6) is at 46.23, meaning the price is in a neutral zone and waiting for liquidity 🚀
📈 Movement: The price is below the moving averages (MA7, MA25, MA99) and is trying to hold above support at $0.1179 💎
🎯 Targets (30-minute frame):
• Target 1: $0.1198 🎯
• Final target: $0.1211🎯
• Stop Loss: Breaking $0.1179 we exit immediately 🛑
⚠️ Advice: The currency is facing selling pressure, do not rush into entering and wait for a clear reversal signal! 🧐
