$ALGO 15 minutes: +8.87%, current price 0.138. There are two possible scenarios from here:
① If the pullback holds above the breakout level → the upward move is likely to continue; the first target to watch is the 24-hour high of 0.1435.
② If it falls back below the breakout level → this rally was probably a bull trap, so get out for now.
I’m paying closer attention to how buyers respond on the first pullback. How would you handle it?
① If the pullback holds above the breakout level → the upward move is likely to continue; the first target to watch is the 24-hour high of 0.1435.
② If it falls back below the breakout level → this rally was probably a bull trap, so get out for now.
I’m paying closer attention to how buyers respond on the first pullback. How would you handle it?