ForecastCity

💡Don't miss the great buy opportunity in ALGOUSD

Long
BINANCE:ALGOUSDT   Algorand / TetherUS
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.7078).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. ALGOUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.

Take Profits:
TP1= @ 1.9526
TP2= @ 2.0650
TP3= @ 2.2250
TP4= @ 2.3999
TP5= @ 2.5568

SL= Break below S2

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