Golden cross on the 4H — retest is the entry.
🟢 $ALGO - LONG
Trade Plan:
Current Price: ~0.09664
Entry Zone: 0.09450 – 0.09750
SL: 0.09150
TP1: 0.10150
TP2: 0.10650
TP3: 0.11400
ALGO is holding at 0.09664 after the 7.75% pop, retesting the 0.09450–0.09750 breakout shelf which aligns with the 0.0955 support buyers defended. The 4H EMA20 has crossed above the EMA50 — a fresh golden cross — and price is holding above both averages, confirming the bullish shift. Volume profile shows accumulation at 0.094–0.098 rather than distribution, and the 0.0915 swing low is the clean invalidation. First target 0.1015, with 0.1065 and 0.1140 as measured extensions. A 4H close below 0.09150 invalidates the higher-low thesis.
Buying the 0.09450–0.09750 retest or waiting for 0.10150?
Click below for trade 👇
DYOR & manage risk!
$ALGO
🟢 $ALGO - LONG
Trade Plan:
Current Price: ~0.09664
Entry Zone: 0.09450 – 0.09750
SL: 0.09150
TP1: 0.10150
TP2: 0.10650
TP3: 0.11400
ALGO is holding at 0.09664 after the 7.75% pop, retesting the 0.09450–0.09750 breakout shelf which aligns with the 0.0955 support buyers defended. The 4H EMA20 has crossed above the EMA50 — a fresh golden cross — and price is holding above both averages, confirming the bullish shift. Volume profile shows accumulation at 0.094–0.098 rather than distribution, and the 0.0915 swing low is the clean invalidation. First target 0.1015, with 0.1065 and 0.1140 as measured extensions. A 4H close below 0.09150 invalidates the higher-low thesis.
Buying the 0.09450–0.09750 retest or waiting for 0.10150?
Click below for trade 👇
DYOR & manage risk!
$ALGO
