ALGO is bouncing off a tight bullish order block, eyes on the 0.94 resistance thatâs been holding for weeks. Momentum is ticking up as volume spikes confirm buying pressure.
đą $ALGO LONG đ â Trade Plan
âą Entry: $0.120569 â $0.120811
âą Stop: $0.117069 (-3.0%)
âą Target 1: $0.122500 (+1.5%)
âą Target 2: $0.126725 (+5.0%)
âą R/R 1:1.7 | Confidence 64%
The market structure broke higher (CHoCH) and a CVD surge backs the move, while a fairâvalue gap lines up with an order block creating a strong POI confluence. A liquidity sweep cleared lower sellers, and the overlapping OBâFVG zone signals a clean entry for a long position. Confidence sits at 64% with a 1:1.7 rewardâtoârisk profile.
A 3.0% stop loss is relatively tight on this swing, so keep leverage around 2â3Ă to stay within a safe risk envelope.
Take half profit near the first target around 1.07 to lock in early gains.
Not financial advice â trade only what you can afford to lose đ
$ALGO #ALGOUSDT #CPIWatch #TradingSignals #Write2Earn
đą $ALGO LONG đ â Trade Plan
âą Entry: $0.120569 â $0.120811
âą Stop: $0.117069 (-3.0%)
âą Target 1: $0.122500 (+1.5%)
âą Target 2: $0.126725 (+5.0%)
âą R/R 1:1.7 | Confidence 64%
The market structure broke higher (CHoCH) and a CVD surge backs the move, while a fairâvalue gap lines up with an order block creating a strong POI confluence. A liquidity sweep cleared lower sellers, and the overlapping OBâFVG zone signals a clean entry for a long position. Confidence sits at 64% with a 1:1.7 rewardâtoârisk profile.
A 3.0% stop loss is relatively tight on this swing, so keep leverage around 2â3Ă to stay within a safe risk envelope.
Take half profit near the first target around 1.07 to lock in early gains.
Not financial advice â trade only what you can afford to lose đ
$ALGO #ALGOUSDT #CPIWatch #TradingSignals #Write2Earn