$ALGO bouncing hard off that lower pitchfork line after the shake. 📈
Chart on the 45-min shows price tagging the Auto Pitchfork lower boundary around 0.0920-0.0930 with strong rejection wicks.
Recent red candles got bought aggressively, forming higher lows inside the channel.
Volume stepping up on the green candles as price pushes back toward the median line.
Session ranges tightening with buyers defending the zone after the dip below 0.093.
This classic sweep of lows followed by pitchfork hold screams spot accumulation before the next leg up, especially with broader crypto adoption tailwinds.
💎 Spot Trade Setup
Entry: 0.0925 - 0.0935
T1: 0.0955 / T2: 0.0975 / T3: 0.1000
Stop: 0.0915 (below the recent lows and pitchfork edge)
Risk 0.5-1%. Spot only. Trade your size.
Dips this clean in ALGO have flipped quick in the past, delivering 15-20% moves once buyers commit.
You grabbing ALGO on this pitchfork defense or eyeing something else?
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