MyCryptoParadise

ALGOUSDT upward momentum? πŸ‘€ πŸš€ ALGO Today analysis

Long
BINANCE:ALGOUSDT.P   Algorand / TetherUS PERPETUAL CONTRACT
πŸ’Ž Paradisers, prepare for a promising opportunity with ALGOUSDT as it showcases an impressive trend, currently positioned in a demand zone, hinting at a heightened likelihood of a bullish trajectory.

πŸ’Ž In recent developments, we've observed a shift where supply zones have transformed into demand zones. Currently, ALGOUSDT is nestled within such a demand zone, and the prospects of it breaching the .1382 supply zone are quite favorable.

πŸ’Ž Should this supply zone be successfully surpassed, we could see a move towards challenging higher supply levels, with the increased volume lending credence to a bullish outlook.

πŸ’Ž On the flip side, should ALGOUSDT falter in its ascent, we might anticipate a bullish resurgence from the .1057 demand level. A dip below this could potentially lead to a notable bearish slide.
Trade closed: target reached:
πŸ’Ž Another Success Our analysis of #ALGOUSDT was spot-on, showing a remarkable increase of 82.35% as forecasted.
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