New Technical analysis for [ Algorand ] #ALGO/USDT ┊ Rank | Crypto2AF™ Signals

New Technical analysis for [ Algorand ]

#ALGO/USDT ┊ Rank: 40

ALGO Chart Tradingview Idea

A Resistance Breakout and Confirmation has been detected on the $ALGO / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.2247 | 0.2329 | 0.2501, and the major support zones can be found at 0.2075 | 0.1985 | 0.1813. Consider entering a trade at the current price zone of 0.2313 and targeting higher levels.

Technical Metrics Index Summary:
├Mrkt Price ⌁ 0.2313 ₮
├├ P.Change: 24h[ 5.86%]
├├ 1-W[4.60%] 30D[11.99%]
├├ 90D[0.01%]
├24hVol: 12,134,262.215 ₮
├Osciltrs: BUY
├MAs: STRONG_BUY
┊
Market Sentiment Index:
├News: N/A
├Twitter: 0.60 - Bullish
├Reddit: 0.46 - Bearish

┊Binance┊Kucoin┊Bybit┊Huobipro┊Gateio┊Mexc┊

┊┊ Unlock Trading Signal below.
┊┊ Follow Idea to get updates.