$ALGO/USDT 12h (Binance Futures) Pullback to support
Algorand pulled back on broken resistance that acts as support now, time to swing!
Current Price= 0.3748
Buy Entry= 0.3790 - 0.3632
Take Profit= 0.4439 | 0.4916 | 0.5857
Stop Loss= 0.3323
Risk/Reward= 1:1.88 | 1:3.11 | 1:5.53
Expected Profit= +19.62% | +32.47% | +57.83%
Possible Loss= -10.46%
Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 600h
Current Price= 0.3748
Buy Entry= 0.3790 - 0.3632
Take Profit= 0.4439 | 0.4916 | 0.5857
Stop Loss= 0.3323
Risk/Reward= 1:1.88 | 1:3.11 | 1:5.53
Expected Profit= +19.62% | +32.47% | +57.83%
Possible Loss= -10.46%
Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 600h
Trade active:
Trade active, first entry filled and bounced
Nice dip catch for Algorand, road to first target already🤞🏼
Nice dip catch for Algorand, road to first target already🤞🏼
