$ALGO — my two cents, I am reading it like it sits on my long-side watchlist because the broader picture across the daily and four-hour timeframes remains firmly upward. We are seeing the price build a higher low after the minor dip, suggesting the initial trend has not given up. The idea gets stronger if it decisively closes above the recent resistance point, but a break under the swing low would negate the bullish thesis.
Trade Plan — ALGOUSDT LONG
Entry: 0.12827 - 0.12885
Stop Loss: 0.12715
TP1: 0.12997 | TP2: 0.13109 | TP3: 0.13250
A clean invalidation ends the thesis — no averaging into it.
#TradeSetup
Trade Plan — ALGOUSDT LONG
Entry: 0.12827 - 0.12885
Stop Loss: 0.12715
TP1: 0.12997 | TP2: 0.13109 | TP3: 0.13250
A clean invalidation ends the thesis — no averaging into it.
#TradeSetup