Algorand / TetherUS

ALGO buy setup (1D)

Here, we have a high-potential zone for ALGO.

The green zone represents strong support, and if the price reaches this area, we will look for buy/long positions.

The red box is a fresh order block that hasn’t been tapped yet, containing the main sell orders.

The target can be this red box.

Closing a daily candle below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

Aviso legal