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Algorand/Tether USD

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ALGOUSDT trade ideas

ALGO in coming days ...The pattern has broken, and now I expect the price to rise to $0.23 . Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
4
ALGOUSDT Facing a Major Reversal? Bears Ready to Take Over!Yello, Paradisers! Is ALGOUSDT about to take a sharp dive? The price is currently hovering around a key supply zone, struggling to push higher. With buyers failing to break through, the risk of a strong bearish rejection is increasing, signaling a potential short opportunity. 💎The market structure has shown a clear Change of Character (CHoCH), suggesting a shift from an uptrend to a potential downtrend. Price remains below the 50 EMA, reinforcing the bearish momentum. If sellers step in with force, the downside move could accelerate quickly. 💎Key downside targets are forming around 0.2188 and 0.1663, where the next major support zones lie. If the bearish scenario plays out, these levels could be reached sooner than expected. Any failure to reclaim higher levels will only strengthen the case for further declines. This is where patience and discipline pay off. Market traps are everywhere, and only those who stay focused and trade smart will come out on top. Be ready for the move, Paradisers! MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
3
Algorand Technical AnalyzeTrend: Price is following an ascending channel (orange lines), and it's nearing a key support level. Support: The green support around 0.14–0.15 is a critical level, and a break below this could lead to further downside. Resistance: Resistance is at 0.30–0.40, where the price has previously faced rejection. Volume: Volume is still low, indicating weak momentum. Price Action: Watch the price action near 0.15. A bounce could target 0.30–0.40, but if the price breaks below 0.14, further downside toward 0.10 is possible.
by aminazarpey
ALGO Update: Spot/Futures Position & Potential Price ActionHey traders! 👋 Let’s take a quick look at Algorand (ALGO), which has been showing some interesting price action lately. 🇺🇸 As we know, ALGO has been closely tied to the broader market sentiment, and with all the attention around US-based projects, it’s definitely one to watch, especially with the current political landscape. 1️⃣ The Sell Signal – We received a strong sell signal earlier, and as a result, we decided to exit our spot position. Since then, we’ve been in a clear downtrend with lower lows and lower highs. 🔻 2️⃣ Fib Level 0.786 – Currently, we’re approaching the 0.786 Fibonacci level, which could act as a potential retracement point. Could this be the level where the market reverses? 🤔 If we see a bounce here, we might fill the demand zone and potentially add more spot positions. However, there’s also the possibility of a breakout to the downside if the current downtrend continues. Will the bulls step in at this crucial point, or are we heading lower? What do you think? 🤨 Drop your thoughts below and let’s discuss the next move! 💬 Don’t forget to follow for more insights on ALGO and other cryptos. Happy trading, everyone! 💰📈
by GetSparx
ALGO buy setup (1D)Here, we have a high-potential zone for ALGO. The green zone represents strong support, and if the price reaches this area, we will look for buy/long positions. The red box is a fresh order block that hasn’t been tapped yet, containing the main sell orders. The target can be this red box. Closing a daily candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
ALGO/USDT 1W🩸 EURONEXT:ALGO ⁀➷ #Algorand. Macro chart Another 💯 Intermediate Target - $0.76 🚩 Macro Target 1 - $1.21 🚩 Macro Target 2 - $2.28 🚩 Macro Target 3 - $4.01 - Not financial advice, trade with caution. #Crypto #Algorand #ALGO #Investment ✅ Stay updated on market news and developments that may influence the price of Algorand. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
by Nyskohuz
$ALGOI consider two price ranges for the correction floor. The first range is around $0.1977, from which I suspect we might see a temporary bounce, but I believe this price range will not be the end of the price correction. The second range is around $0.1388, where I think we will see the end of the correction and a trend change. If the price reaches around the second range, the market will need a time correction. In the future, based on the events occurring in this dynamic market, a more comprehensive analysis will be provided. For now, my view on the EURONEXT:ALGO currency is as follows. I would be pleased to see your valuable and constructive comments below this analysis. Thank you for taking the time to read this analysis. I hope you have enjoyed it.
Short
by M2it2M