Technical analysis by BITRAF_CRYPTO about Symbol ALGO: Buy recommendation (5/1/2025)

https://sahmeto.com/message/3470357

ALGO/USDT

Buy

Price at Publish Time:

$0.21939

Profit Target:

(+8.89%)$0.2389

Stop Loss Price:

(-8.84%)$0.2

The coin is exhibiting a local bullish market structure. A long position may be considered from the marked demand zone, contingent on favorable entry conditions. Upside targets are set at 0.2389, 0.2602, and 0.3078

Source Message: TradingView