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【$ALGO Signal】Long | Volume and Price Rise Together to Break Out of Consolidation
$ALGO After a volume-driven rally, the price breaks through the recent consolidation zone, indicating sustained buying interest. Open interest is rising in tandem, suggesting institutional entry rather than short-squeeze.
🎯 Direction: Long
🎯 Entry: 0.1035 - 0.1055
🛑 Stop Loss: 0.0995 ( Rigid Stop Loss )
🚀 Target 1: 0.1120
🚀 Target 2: 0.1180
After the price completes a healthy reset above the key support zone, accompanied by significant increases in volume and open interest, this volume-price structure reduces the likelihood of false breakouts. Currently, the price is consolidating above the breakout level, with no large-scale profit-taking selling pressure, indicating market sentiment is leaning toward holding and waiting for a rally. As long as the price stays above the 0.1000 psychological level, the upward momentum continuation is the higher probability path. Small losses, big gains—profit from probabilities.
Trade 👇 $ALGO
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