That $ALGO long liquidation around $0.1109 looks like a classic shakeout. Price dipped into a well-tested support zone and didn’t stay there long, which tells me sellers might be running out of steam. I’m eyeing a long entry between $0.108–$0.112.
Stop-loss: $0.102
Targets:
🎯 T1: $0.125
🎯 T2: $0.142
🎯 T3: $0.168
Trend isn’t explosive yet, but momentum is stabilizing and structure is still intact. If buyers step in here, this bounce can be clean. I’m staying patient and letting price confirm before committing.
ALGOUSDT
Perp
0.1049
-3.22%
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