Technical analysis by Skgubza about Symbol ALGO: Buy recommendation (5/7/2025)

The ALGO/USDT pair presents a bullish opportunity on the 1-hour chart, validated by strategic filters: Entry: 0.20001 (key level aligned with strategy parameters). Stop Loss: 0.1951 (below entry, minimizing downside risk). Take Profit: 0.20982 (near resistance, conservative target). Confirmation Factors: Trend confirmation via HTF EMA alignment. Momentum supported by RSI and volume exceeding thresholds (RSI OK, Volume OK). Price stability above critical support levels. Action: Enter long at 0.2001, targeting 0.20982 with a stop at 0.1951t.me/+t7-OQ5dERg43YTM0