๐Ÿ“Š $ALGO โ€” BUYER RECLAIM ZONE IN PLAY


Algorand is stabilizing at a key support area where price action is showing early signs of recovery after a controlled pullback.
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“ˆ Trading Plan (LONG) โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โ€ข Entry: 0.119 โ€“ 0.125
โ€ข SL: 0.113
โ€ข TP1: 0.129
โ€ข TP2: 0.138
โ€ข TP3: 0.147
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿง  Market Structure โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โ€ข Pullback appears corrective, not impulsive
โ€ข Selling pressure is fading near support base
โ€ข Price holding above demand zone
โ€ข Early momentum shift suggesting buyer absorption
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โš ๏ธ Key Idea โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” If this support continues to hold, the market could transition from consolidation โ†’ expansion phase.
But if the zone fails, structure breaks fast โ€” so invalidation level matters as much as entry.
Right now, buyers are trying to regain controlโ€ฆ the next reaction will confirm it ๐Ÿ‘€
$ALGO โ€Œ#GateSquareMayTradingShare
ALGO-4.05%
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