Algorand – is this dip a gift or a trap? Altcoins are waking up again as traders rotate out of the majors, and ALGO is sitting right on a big historical demand zone. According to market chatter, developers keep pushing upgrades on the chain, so if sentiment flips even a bit, this one can move fast.
On the 4H chart, price is parked in that green demand block around 0.082 with several rejection wicks and rising volume. RSI bounced from oversold and is curling up, while the volume profile shows a fat liquidity pocket up near 0.088–0.09 that can act like a magnet. That combo makes me lean long here, looking for a short squeeze rather than new lows.
My base plan ✅: buy the dip in the green zone with invalidation just under the recent low, aiming first around 0.086 and then the red supply area near 0.09. If we get a clean 4H close below support with strong volume, I flip the script and expect a slide toward sub‑0.08 instead. I might be wrong, but I’d rather take a defined‑risk stab at the bounce than chase it after it’s gone.
On the 4H chart, price is parked in that green demand block around 0.082 with several rejection wicks and rising volume. RSI bounced from oversold and is curling up, while the volume profile shows a fat liquidity pocket up near 0.088–0.09 that can act like a magnet. That combo makes me lean long here, looking for a short squeeze rather than new lows.
My base plan ✅: buy the dip in the green zone with invalidation just under the recent low, aiming first around 0.086 and then the red supply area near 0.09. If we get a clean 4H close below support with strong volume, I flip the script and expect a slide toward sub‑0.08 instead. I might be wrong, but I’d rather take a defined‑risk stab at the bounce than chase it after it’s gone.
SIGNAL INDICATOR
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✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
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SIGNAL INDICATOR
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.