After a 100%+ surge, ALGO is now retracing and approaching a critical support zone. A dip into this area could offer a strong entry for the next leg higher.
📌 Trade Setup:
• Entry Zone: $0.22 – $0.23
• Take Profit Targets:
o 🥇 $0.28 – $0.33
o 🥈 $0.45 – $0.50
• Stop Loss: Just below $0.19
📌 Trade Setup:
• Entry Zone: $0.22 – $0.23
• Take Profit Targets:
o 🥇 $0.28 – $0.33
o 🥈 $0.45 – $0.50
• Stop Loss: Just below $0.19
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.