Technical Snapshot: $ALGO 30m Momentum and Levels
$ALGO is poised for an initial rise targeting resistance near 0.1850, with further upside possible up to 0.1875 if bullish momentum holds. Support is established around 0.1825, providing a potential base for upward moves.
Price may find demand between 0.1824 and 0.1828, forming a bullish reversal on lower timeframes that could trigger a continuation towards 0.1858 and beyond. However, a decisive break below 0.1811 would suggest a shift in bias toward downside, opening the path for lower targets near 0.1805. Traders should watch for clear bullish signals before initiating long positions. This is only the surface view. The full depth of analysis, with precise entries and TP/SL, is in the Finora Telegram bot.
⚠️ This is an AI analysis and not financial advice.
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