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Algorand/Tether USD PERPETUAL CONTRACT

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ALGOUSDT.P trade ideas

ALGO Technical Analysis!ALGO Update: ALGO has been in a downtrend since last year and has yet to break above it. Currently, the price is near the initial support level at $0.15, with no strong bullish signs so far. If this support fails to hold, we could see ALGO move down toward the lower support at $0.108. On the brighter side, if ALGO shows a rebound, we can expect another attempt to break above the $0.25 resistance level. A long position may be considered if there are clear signs of a rebound from the initial support. Trade carefully, and always do your own research and analysis. Regards, Dexter
by Dexter_The_Trader
TradeCityPro | ALGO: Bearish Pressure Builds Near Key Support👋 Welcome to TradeCity Pro! In this analysis, I’m going to review the ALGO coin for you. The Algorand project is one of the Layer 1 and RWA projects. ⚡️ The coin, with the ticker ALGO, currently holds a market cap of $1.63 billion and ranks 53rd on CoinMarketCap. ⏳ 4-Hour Timeframe As you can see in the 4-hour timeframe, after the price reached the 0.2505 resistance level, a bearish phase began, and with the breakdown of the 0.2123 level, the first bearish leg extended down to 0.1912. ✔️ After this drop, the price retraced up to the 0.382 Fibonacci level and now has returned to the 0.1912 zone. Given the strong bearish momentum in the market, the probability of breaking this level is quite high. ✨ If 0.1912 is broken, the extension wave could begin. According to Fibonacci projections, the targets for this position are 0.1780, 0.1732, and 0.1602. 💥 An entry of RSI into the Oversold zone would serve as a very strong momentum confirmation for this position. If that happens, the price may reach the 0.1602 target. 📊 Volume also plays a key role. Currently, the selling volume isn’t very strong, which might result in a fake breakout of 0.1912. I suggest waiting to see whether sell volume increases, because without volume, price movement is unlikely. 📈 For a long position, the first trigger we currently have is the 0.2023 level, which is a significant high and overlaps with the 0.382 Fibonacci retracement level. Breaking this level could resume the long-term bullish trend. 💫 The momentum confirmation for a long position would be the RSI breaking above the 50 level. A breakout here could kick off a bullish trend in the higher timeframes. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Short
by tradecitypro
3
ALGO/USDT – Breakout Trade Setup (Daily Timeframe)BINANCE:ALGOUSDT has officially broken out of a multi-month descending channel, signaling a shift in trend. After several failed attempts, price action finally pushed above both the channel resistance and the 50-day EMA (~$0.2197), confirming renewed bullish momentum. Following the breakout, ALGO completed a textbook retest of former resistance turned support around $0.2124. This zone now acts as a demand area and reinforces the bullish bias. The current price action near $0.2275 provides a favorable entry with a well-defined invalidation below $0.1908. 🎯 Trade Parameters Entry: $0.2250 - $0.2170 Stop Loss: $0.1908 Targets:  • TP1 – $0.2621  • TP2 – $0.3000  • TP3 – $0.3320 Risk/Reward: ~3:1 Potential Upside: +54.85% 📌 Why This Setup? ✅ Breakout + Retest: Clean structure, respecting trendlines and horizontal zones. ✅ Above EMA: Price now trading above 100EMA, flipping it into dynamic support. ✅ Volume Support: Increased volume during breakout validates buyer strength. ✅ Clear invalidation: A move below $0.1908 invalidates the setup. Summary: With a favorable risk/reward and strong technical signals, ALGO/USDT offers a compelling swing trade opportunity. Maintain discipline on stop loss and trail profits as targets are approached.
Long
by BrytJoy
2
ALGOUSDT making its way for journey towards 0.35$Here is the idea about ALGOUSDT. The price is currently trading at daily support DS1. The price was rejected from weekly resistance WR1 before coming back to daily support zone DS1. I believe this daily support is very likely to provide support and make the price bounce from here. The likely trajectory of the price is depicted in the chart. The price is likely to aim for weekly resistance WR1 next on this bounce. At WR1, the price is likely to face some pullback before ripping this resistance and target the next strong resistance which is quarterly resistance 3MR1. Lets monitor this one as we go and adjust our expectations. But for now this is what I see as the likely path for ALGOUSDT. Whats your thought?
Long
by angela_altair
Algorand 5X Lev. Full PREMIUM Trade-Numbers (PP: 1500%)This is an unusual pair for us to approach with leverage, the last time we opened a LONG on ALGOUSDT was in August 2023. Market conditions are different today. Back then, prices were trading at the bottom before the recovery, so we were predicting the trend reversal and bullish breakout. Today, the bottom pattern is already in, a rounded bottom coupled with a long-term higher low (April 2025 vs August 2024). So we are only predicting a continuation. Needless to say, I believe the bulls have the upper-hand. The action right now is happening above the 3-Feb. low, and after more than a month of rising prices there is still no rising volume, which means that there is plenty of room available for growth. We are doing an easy wave, easy targets. The final wave can go much higher than what is shown on this chart. Since we are not greedy, we are happy with 465% and 1,500%. The 1,500% is a mild target and high probability. The rest is up to you. Thank you for reading. Full trade-numbers below: _____ LONG ALGOUSDT Lev: 5X Entry levels: 1) $0.2355 2) $0.2200 3) $0.2000 Targets: 1) $0.2564 2) $0.3247 3) $0.3800 4) $0.4352 5) $0.5138 6) $0.6139 7) $0.7243 8) $0.7926 9) $0.9031 Stop-loss: Close weekly below $0.1900 Potential profits: 1502% Capital allocation: 3% _____ Namaste.
Long
by MasterAnanda
1
Algorand to $1Pattern Overview A textbook bull flag formation has materialised and appears to be have confirmed support on past resistance. The pattern shows the classic characteristics of a strong impulse move followed by a controlled consolidation phase. Key Technical Elements Flag Formation Structure: Initial strong bullish impulse creating the "flagpole" Orderly consolidation within a defined channel (the "flag") Decreasing volume during consolidation phase Recent breakout above flag resistance with volume confirmation Moving Average Support: Price action has found support at both the 50-day (blue line) and 200-day (red line) moving averages. Recent price action bouncing cleanly off these dynamic support levels RSI Confirmation: RSI showing healthy momentum without being overbought The oscillator pattern mirrors the flag consolidation, suggesting controlled profit-taking rather than distribution Technical Outlook Bull flags are typically measured by adding the height of the flagpole to the breakout point. . The next impulsive wave forecasts price action to $1 Risk Management While the technical setup appears strong, proper risk management remains essential. A break back into the flag structure, especially below the moving average support zone, would warrant reassessment of the bullish thesis. Ww ___________________________________________________________________________________ This analysis is for educational purposes and represents technical observations based on price action and indicators shown on the 2-day timeframe.
Long
by without_worries
6
How To Spot The Next Big Algorand Crypto Move!In the fast-paced world of crypto trading, many traders gravitate toward intraday and scalping strategies, chasing quick profits while often ignoring the powerful signals presented by higher timeframes. Yet, the smart money — institutional players, whales, and seasoned swing traders — operate differently. They focus on bigger timeframe supply and demand imbalances to enter high-probability trades with calculated risk and substantial reward potential. One such opportunity is currently setting up in Algorand ( BINANCE:ALGOUSDT ). Why Higher Timeframes Matter in Crypto Trading Most crypto traders operate on the 1-minute to 15-minute charts. While this can be effective, especially with crypto intraday strategies, it often leads to overtrading and emotional decision-making. In contrast, higher timeframes — such as the daily and weekly charts — provide clearer market structure, show major supply and demand imbalances, and are less noisy. These timeframes reveal where whales and institutions place large orders, creating impulsive moves that leave behind clues for patient traders. Ignoring these clues is akin to trading blind. The Weekly Demand Imbalance on BINANCE:ALGOUSDT BINANCE:ALGOUSDT is currently showcasing a textbook example of a solid and strong weekly demand imbalance around the $0.1380 level. A few months ago, this zone sparked a massive bullish impulse — a series of consecutive large-bodied white candlesticks that broke through resistance with conviction. Such moves don’t happen randomly. They’re often the result of institutional accumulation — smart money stepping in with size. These large players create imbalances where demand far outweighs supply, causing prices to rally aggressively. The key for retail traders is to identify the origin of these moves and wait patiently for the price to return.
Long
by AlfonsoMoreno
ALGOUSDT Short Scalping Opportunity – 4H Chart AnalysisThe ALGOUSDT pair is presenting a promising short-term setup for scalpers favoring a bearish outlook. After a short-lived bullish push, the price has failed to break above a critical resistance zone and now shows signs of weakness on the 4-hour chart. The market structure remains fragile, with recent candles rejecting higher levels around $0.2314, indicating that sellers are regaining control. This resistance was previously a support zone, and the price is now struggling to reclaim it, suggesting a potential reversal point ideal for a short scalp setup. Key Technical Zones The most recent rejection confirms the $0.2314 level as a strong supply area. This price acted as support in early May but flipped into resistance after the sell-off on May 16. The zone has been tested again and rejected, further validating it as a solid barrier. Meanwhile, two demand zones sit below the current price, offering logical targets for the upcoming move. • Entry (Short): $0.2221 – $0.2223 This is the mid-range zone where the current rejection pattern is unfolding, and it aligns well with the last lower high. • Stop Loss: $0.2314 Placed above the key resistance. If price breaks and holds above this level, the trade idea becomes invalid. • Take Profit 1: $0.2105 This is the nearest recent support on the 4H timeframe and a reasonable level for short-term profit-taking. • Take Profit 2: $0.1908 The second support zone sits lower, offering a more extended reward for traders holding longer or managing partial exits. Price Action and Trend Behavior The market has been forming a series of lower highs since May 12. The most recent bounce into resistance was weak, failing to establish new momentum. This confirms the idea that the bulls are running out of steam and sets up the conditions for a bearish continuation. Volume and momentum indicators have also shown divergence from price, hinting at reduced buying pressure. Price is currently hovering just below the resistance, a typical behavior before a breakdown. Risk and Reward This setup provides a good risk-to-reward ratio: • Risking approximately 91 pips from entry to stop loss • Potential gain of 118 pips to TP1 and 215 pips to TP2 • RR ratio ranges from 1.29 (TP1) to 2.36 (TP2) These figures make the trade suitable for scalpers looking for quick moves as well as short-term swing traders who can hold for deeper downside targets. Trade Outlook This short scalp aligns with the broader bearish sentiment forming in the altcoin space. ALGO is currently in a retracement phase and is reacting to resistance cleanly on the lower timeframes. If the pair remains below $0.2314, we could see increased selling pressure over the next few sessions. Short-term traders may consider taking partial profits at TP1 and move the stop to breakeven if price reaches $0.2150 to lock in gains. Should the price fail to break below $0.2105, it may consolidate or retest resistance, in which case patience and discipline are key.
Short
by SupertradeOfficial
Here's the analysis of Algorand (ALGO/USDT)🔍 Step-by-Step Strategic Breakdown: 1. Market Direction (Multi-timeframe Trend) Daily Structure: After a sustained downtrend (LL–LH), ALGO broke out of its descending trendline and made a higher low followed by a higher high, indicating a possible trend reversal. Trend Bias: Turning bullish on the daily chart. 2. Trading Levels (Supply–Demand + Fibonacci) Key Zones Identified: Support: 0.1985, 0.1646, 0.1469 Resistance: 0.2272 (recent breakout), 0.2840 (next significant supply zone) Breakout Zone: Price has cleanly broken and retested the 0.2272 resistance → now acting as support. 3. Macro Bias (BTC Pairing + USDT.D + Total2) Assuming macro context from previous response (Alt/BTC ↑, USDT.D ↓, Total2 ↑) → Long Bias on ALGO/BTC validated. 4. MFI / Momentum Confirmation Chart shows RSI (not MFI) but: RSI currently 67.37, near overbought but not yet extreme. Indicates strong bullish momentum with no visible bearish divergence, supporting further upside. 5. Entry Trigger (4H Candlestick Confirmation) Not shown on chart, but if a bullish engulfing or pin bar formed near 0.2272 or breakout level on 4H, this would confirm a valid entry.
Long
by Kamrani_fxc