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

https://sahmeto.com/message/3492204
Skgubza
Skgubza
Rank: 187
3.3
Buy،Technical،Skgubza

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

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$0.20982
Stop Loss Price
$0.1951
Price at Publish Time:
$0.19933
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