🟢 BUY SIGNAL — $ALGO | Score: 59/100 | MEDIUM
The recent dip of -1.60% presents a prime opportunity to accumulate $ALGO, as it has historically bounced back strongly from similar price points.
Entry: $0.08709 — $0.08771
TP1: $0.09059
TP2: $0.09497
TP3: $0.10066
SL: $0.08368
The $0.08671 support level is crucial, with a volume of 22.40M. A bounce off this support could propel $ALGO upwards. I'm confident of a close above this level within the 1h-4h timeframe, targeting the first TP.
Disclaimer: Trading carries risk.
#Crypto #BTC #Binance #DeFi #CryptoSignals
The recent dip of -1.60% presents a prime opportunity to accumulate $ALGO, as it has historically bounced back strongly from similar price points.
Entry: $0.08709 — $0.08771
TP1: $0.09059
TP2: $0.09497
TP3: $0.10066
SL: $0.08368
The $0.08671 support level is crucial, with a volume of 22.40M. A bounce off this support could propel $ALGO upwards. I'm confident of a close above this level within the 1h-4h timeframe, targeting the first TP.
Disclaimer: Trading carries risk.
#Crypto #BTC #Binance #DeFi #CryptoSignals