$ALGO #ALGO ๐
Direction: LONG
Entry zone: 0.0995 to 0.0999
Stop loss: 0.0982
Target 1: 0.1017
Target 2: 0.1032
Algorand is trading near 0.0997 dollars, up 5.81 percent in 24 hours, inside a range of 0.0899 to 0.1006, and the recent closes show a push that held near the highs, 0.1002, then 0.1005, then 0.0991, then 0.0997. ๐ My reading is that ALGO is quietly strong, because it rose with the wider bounce and stayed close to its 24 hour high instead of giving the move back overnight. A long from the current zone, with a stop below 0.0982, targets 0.1017 first and then 0.1032 if buyers push through the range high. A fall below 0.0982 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Algorand rise to 0.1017 first, or fall below 0.0982? ๐ค
Follow for more trades.
#ALGO #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 0.0995 to 0.0999
Stop loss: 0.0982
Target 1: 0.1017
Target 2: 0.1032
Algorand is trading near 0.0997 dollars, up 5.81 percent in 24 hours, inside a range of 0.0899 to 0.1006, and the recent closes show a push that held near the highs, 0.1002, then 0.1005, then 0.0991, then 0.0997. ๐ My reading is that ALGO is quietly strong, because it rose with the wider bounce and stayed close to its 24 hour high instead of giving the move back overnight. A long from the current zone, with a stop below 0.0982, targets 0.1017 first and then 0.1032 if buyers push through the range high. A fall below 0.0982 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Algorand rise to 0.1017 first, or fall below 0.0982? ๐ค
Follow for more trades.
#ALGO #Crypto #FuturesTrading #TradingSignals
