#ALGO/USDT - this will go up

#ALGO

The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.

We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.

There is a key support zone in green at 0.1125. The price has bounced from this zone multiple times and is expected to bounce again.

We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement.

Entry price: 0.1137
First target: 0.1150
Second target: 0.1172
Third target: 0.1197

Stop loss: Below the support zone in green.

Don't forget a simple thing: capital management.

For inquiries, please leave a comment.

Thank you.

交易結束：目標達成

#ALGO
First target: 0.1150 Reached
Second target: 0.1172 Reached
Third target: 0.1197 Reached

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