$ALGO Consolidation Near Local Support

Price is trading around $0.1161, down in the last 24 hours. After a rejection from the $0.1200 area, price pulled back into the $0.1158 support zone and is consolidating. On the 1H chart, selling pressure is slowing, and a relief bounce is possible if this level holds.

Trade Setup

Entry Zone: 0.1155 – 0.1165

Target 1 🎯: 0.1185

Target 2 🎯: 0.1200

Target 3 🎯: 0.1230

Stop Loss: 0.1138

A strong move back above $0.1185 with volume can shift momentum toward higher resistance.

Let’s go $ALGO

ALGO

0.0861

+2.01%

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