TradeCityPro | ALGO: Key Levels in RWA Coin’s Bullish Revival👋 Welcome to TradeCity Pro!
In this analysis, I’m going to review the ALGO coin for you. This project is one of the RWA (Real World Assets) crypto initiatives, which saw significant growth during the recent hype around this category.
💫 Currently, the market cap of this project stands at $1.99 billion, placing it at rank 47 on CoinMarketCap among crypto projects.
📅 Daily Timeframe
As you can see in the daily timeframe, ALGO has had a notable bullish leg that started from the 0.1085 level and continued up to 0.5138, marking a significant upward move.
💥 However, after reaching that level, the first corrective phase took place down to the 0.3267 support. After breaking this zone, the price continued falling to the 0.1602 support, which also overlaps with the 0.786 Fibonacci level.
🔍 After finding support there, a new high formed at 0.2147, and thanks to the strong buying volume and bullish candles, this resistance has been broken, and price is now heading upward.
📊 The RSI oscillator is currently very close to the Overbought zone, and if it enters that area, we might see some high-volatility moves, increasing the likelihood of sharp bullish candles.
📈 The next resistance levels above are 0.2553 and 0.3267, which align with the 0.5 and 0.382 Fibonacci levels respectively. If price can break through these levels and return to 0.5138, the chances of breaking that top will be significantly higher this time.
✨ On the other hand, if this breakout turns out to be a fake move and price falls below 0.2147, heavy bearish momentum could enter the market, greatly increasing the risk of breaking the 0.1602 level.
🎲 If the market continues to drop, the next major support to watch is 0.1085, which stands as the most critical support for ALGO.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
ALGOUSDT.P trade ideas
$ALGO | #3D Macro Outlook #long📌 Setup:
— Ideal entry: retest of 0.618 fib ($0.167–0.172)
— Targets: $0.29 / $0.34 / $0.42 / $0.56
— Invalidation: daily close below $0.165 on volume
⚙️ Triggers:
— Retest + bounce from $0.167 zone
— Strength in CRYPTOCAP:BTC
— Increasing volume + demand confirmation
Midterm potential: +100–150% if trend confirms.
Algorand NLP & Higher High & 619% Profits PotentialThis is a very nice chart. Algorand is solid strong on the weekly timeframe (long-term).
There are two main signals; Long-term growth in the form of a rising channel, higher highs and higher lows. Short-term bullish based on a recovery.
Notice the "magic blue line" I drew on the chart. This is a bottom signal. You can draw an inverted head and shoulder here or a v shaped bottom. This week strong move seals the deal. A massive higher low compared to early August 2024.
Ok. How are you doing today my friend in the law?
I hope you are having a wonderful day.
You see...
Hear me out; listen!
Can you feel me?
Do you understand?
Do you grasp what I am trying to share with you?
Can you see what I am doing?
These are all different representational systems, people use difference senses to understand reality. Some are primarily visual, others auditory, kinesthetic, digital, etc.
So, you are likely the feeling type, then, can you grasp what I am trying to say? Are we on the same wavelength? Does it resonate with you?
Yes? Then Algorand is bullish and going up. Why?
Because the chart says so. Because that is exactly what is doing and that is exactly what it will continue to do long-term.
The main low happened in August 2023 and we have the higher lows without question, a higher high comes next.
For your convenience, I mapped this chart with the main target for this bullish wave. It can go higher.
Namaste.
ALGO / USDT - Big Move AheadEvening fellas,
I got an order ready near the gap I believe its at $0.1844, it would require coming back down to the purple between both trendiness, one placed at the wick low, and the other at the body.
Maybe it moves up to resistance once again before a final shakeout.
It'll be a nice long.
Trade thirsty.
ALGO/USDT Technical Analysis Deep Dive! Let’s break down this ALGOUSDT chart step-by-step — it’s a perfect example of trading patterns in action!
🏄♂️ Timeline (Aug 2024 - April 2025):
▸ Accumulation (Aug - Nov 2024): ALGO consolidates between $0.1050 and $0.1450, showing low volatility. This is a classic accumulation phase where buyers are quietly building positions.
▸ Breakout & Uptrend (Nov - Dec 2024): Boom! The price breaks above $0.1300 with strong momentum, climbing to $0.6100.
▸ Pause in a Symmetrical Triangle (Dec 2024 - Jan 2025): After the surge, ALGO takes a breather, forming a Descending Triangle (a neutral pattern). This signals market indecision — traders are waiting for the next big move.
▸ Breakout & Downtrend (Jan - Mar 2025): The price breaks below the triangle, dropping to $0.1480. This aligns with a "Descending Wedge" (reversal) from the cheat sheet , confirming the downtrend and reversal structure of the Wedge.
▸ Consolidation (Mar - Apr 2025): ALGO stabilizes between $0.1400 and $0.1600, setting the stage for the next move.
▸ Breakout & Uptrend (Apr - April 2025): Another breakout! The price surges above $0.1600, reaching $0.2200 again. It might reach higher levels like $0.2400 and $0.3000 in next weeks.
This chart shows how patterns like Descending Triangles, and Wedges can guide your trades. Spotting these using my Trading Patterns Cheat Sheet can help you time your entries and exits like a pro!
✉️ What’s your next move on ALGO? Are you buying the dip, waiting for confirmation, or taking profits? Drop your thoughts below — I’d love to hear your strategy!
A Home run for ALGO 1K% possible? This is cryptothree potential target
used the fib retracement and confluence appears
assuming the start of the 1st leg of the downward trend was the startig point, target 2 will align exactly with Fib 0.618
assuming the start if the leg was 2.929 then target 3 will brush the 0,382 fib
i drew the lines first and decidd to check the fib zones and align perfectly
ALGOUSD?Hi
1> Broke up down trendline
2> Testing high / resistance= last sell area.
IF it wants to go up.. it will print 0.25 0.30 blah2
If not yet.. will print 0.18 0.15...
So wait till 0.22 and above.. if not! the waiting going to be longer.
Looks simple but.. patience is required and most importantly. Do I see value in holding any asset.
Find out yourself, now there's AI.. you get to weight your decision and be happy with holdings.
Eventhou you are on bumpy road currently.. probably they are building Highway now :)
All the best
Short ALGO/USDT🔥 #ALGO/USDT
🔴 SHORT
🎲 Entry Zone 1: 0.1870
🎲 Entry Zone 2: 0.1890
✅ Take Profit 1: 0.1838
✅ Take Profit 2: 0.1775
✅ Take Profit 3: 0.1667
✅ Take Profit 4: 0.1551
(Extended if Momentum Persists)
❌ Stop Loss: Above 0.1985
💱 Recommended Margin: 2.5% – 5%
🧳 Recommended Leverage: 5X – 15X
🧠 Narrative: ALGO is testing a supply zone at 0.1870 – 0.1890. A rejection here could trigger a move toward the lower support levels identified as TPs.
📈 Market Context: Monitor overall crypto sentiment and BTC action; a broad rally may invalidate this short bias, while continued weakness could accelerate downside targets.
⚠️ Risk Management: Place stops above 0.1985, size positions carefully, and be ready to adapt if price shows unexpected strength.
⚠️ Take Care of Risk Management for Your Account
ALGO Confirmed a Bullish Broadening Wedge PatternALGO Confirmed a Bullish Broadening Wedge Pattern
The chart displays a descending Broadening Wedge Pattern, which suggests a potential bullish movement.
ALGO broke out of the descending pattern and could move toward the first target and potentially continue higher.
However we have to be careful because the situation across all markets is not stable yet. Trump is creating a mess with this tariffs and comments.
Overall, this setup indicates a possible bullish movement if everything goes well.
Target Levels:
First target at $0.1932
Second target at $0.2136
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
ALGO Breakout Retest Setup – Bullish Continuation in Play?ALGO is showing strong signs of a potential bullish continuation on the 4H chart. After breaking above the descending trendline, price is currently retesting the breakout zone. The projected move suggests a bounce from this area with a potential rally
Algorand Long Trade, 6x Potential by 2026Algorand has retraced to the lower Median Line, presenting a strong investment opportunity.
With current economic conditions favoring altcoins, Algorand stands out.
Oversold at present, I project it to increase 6x from its current level, with a direct move toward the ML likely by 2026 — potentially spearheading the altcoin rally.
I’m personally invested in Algorand with a R/R ratio of 18:1.
ALGO at Golden Buy Zone | Low-Risk, High-Reward Setup (1D)The higher timeframe structure of ALGO on the weekly chart is still bullish, but on the daily and hourly timeframes, the structure is bearish. That’s why we expect major players to enter ALGO at key support zones.
Currently, it is consuming orders within the demand zone, and it is expected to eventually reach the POI and then move toward the targets.
If strong buyers step in, the price could reach the red box.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ALGOUSDTmy entry on this trade idea is taken from a point of interest below an inducement (X).. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as I anticipate.. just a trade idea, not financial advise
Entry; $0.1824
Take Profit; $0.1989
Stop Loss; $0.1796
ALGO, preppin for a MASSIVE ASCEND this Q2 2025 from 0.18ALGO is preppin for a massive shift based on the latest price behavior.
After goin parabolic late last year -- tapping the 0.50 mark, algo like the rest succumb to red season -- had to experience corrective pressure of the market and touching a weighty trim down to sub 0.20 area.
Today, an apparent bear saturation has been spotted. Based on the diagram we are seeing some basing zone at the higher channel -- price is being magneted on this higher area; inching closer as days progresses on that exit zone hinting a possible break in structure soon.
Ideal seeding area is the current price at 0.180.
Spotted at 0.18
Mid target at 0.5
Long term. 0.50
TAYOR. Trade safely.
Short Position ALGO/USDT#Singal
ALGO/USDT
🔴 Short Position
🎲 Entry1 @ 0.1967
🎲 Entry2 @ 0.1986
✅ Target1@ 0.1941
✅ Target2 @ 0.1903
✅ Target3 @ 0.1836
✅ Target4 @ 0.1779
✅ Target5 @ 0.1708
❌ Stop Loss @ 0.2069
Leverage: 5X_15X
Margin: 10% of Wallet Balance
⚠️"Take Care of Risk Management for Your Account"
Algorand Technical AnalyzeTrend: Price is following an ascending channel (orange lines), and it's nearing a key support level.
Support: The green support around 0.14–0.15 is a critical level, and a break below this could lead to further downside.
Resistance: Resistance is at 0.30–0.40, where the price has previously faced rejection.
Volume: Volume is still low, indicating weak momentum.
Price Action: Watch the price action near 0.15. A bounce could target 0.30–0.40, but if the price breaks below 0.14, further downside toward 0.10 is possible.
ALGO in coming days ...The pattern has broken, and now I expect the price to rise to $0.23 .
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
