After our previous analysis, ALGO surged 16% and has now retraced for the last 4 days into a major support zone. We are watching this area for a possible long spot setup if price holds.
Trading Levels:
Entry: $0.105 – $0.110
TP1: $0.126 – $0.147
TP2: $0.175 – $0.20
Stop Loss: Below $0.103
A bounce from support could confirm the setup, while a break below $0.103 would weaken it.
Trading Levels:
Entry: $0.105 – $0.110
TP1: $0.126 – $0.147
TP2: $0.175 – $0.20
Stop Loss: Below $0.103
A bounce from support could confirm the setup, while a break below $0.103 would weaken it.
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