ALGO is rallying past the 0.50‑0.52 zone, snapping a short‑term downtrend and eyeing the next resistance.
🟢 $ALGO LONG 📈
Entry $0.114725-$0.114955 | SL $0.111395 (-3.0%) | TP1 $0.116563 (+1.5%) | TP2 $0.120582 (+5.0%) | R/R 1:1.7 | Conf 65%
The market strutted into a higher high, breaking the previous structure (CHoCH), while CVD turned bullish and a fresh fair‑value gap aligns with a bullish order block, creating a POI confluence. The price now sits in the gap, giving the long side a clean entry.
A 3.0 % stop is relatively tight, so keep leverage at or below 5×.
Consider taking half profit around the first target as the price approaches the next minor resistance.
Not financial advice — always manage your own risk 🙏
$ALGO #ALGOUSDT #W #TradingSignals #Write2Earn
🟢 $ALGO LONG 📈
Entry $0.114725-$0.114955 | SL $0.111395 (-3.0%) | TP1 $0.116563 (+1.5%) | TP2 $0.120582 (+5.0%) | R/R 1:1.7 | Conf 65%
The market strutted into a higher high, breaking the previous structure (CHoCH), while CVD turned bullish and a fresh fair‑value gap aligns with a bullish order block, creating a POI confluence. The price now sits in the gap, giving the long side a clean entry.
A 3.0 % stop is relatively tight, so keep leverage at or below 5×.
Consider taking half profit around the first target as the price approaches the next minor resistance.
Not financial advice — always manage your own risk 🙏
$ALGO #ALGOUSDT #W #TradingSignals #Write2Earn