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$ALGO showing signs of base formation after a prolonged correction from the $0.1220 local high, now stabilizing near the critical demand zone around $0.1050–$0.1070.
Buyers are beginning to defend the dip while volatility cools down, suggesting possible accumulation before the next momentum expansion.
Entry: $0.1065–$0.1080, Buy the current dip cautiously.
Key Support: $0.1050
Major Resistance: $0.1115–$0.1150
Breakout Confirmation: A strong close above $0.1117 could trigger bullish continuation momentum with increased upside pressure.
Targets:
Short Term: $0.1115
Mid Term: $0.1155
Extended Target: $0.1190–$0.1220+
Stop Loss: Below $0.1038 to avoid
deeper downside risk.
Volume remains active with 6.69M ALGO traded in 24H, showing the market still has strong participation despite the recent pullback.
Overall sentiment remains cautiously bullish as long as ALGO holds above the crucial $0.105 support structure.
$DOGE $GT
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