$ALGO
Market Structure:
Short-term downtrend showing exhaustion with momentum shifting bullish. Price is stabilizing after a sell-off and forming a base with improving buyer strength.
Price Action:
Clear higher low formed near 0.0794 followed by a strong bounce. Reclaim of minor resistance around 0.082 suggests early accumulation. Currently consolidating just below resistance, hinting at a potential breakout.
Trade Setup (Long):
Entry Zone: 0.0815 – 0.0828
Targets:
0.0845
0.0870
0.0895
Stop Loss:
0.0790
Momentum building with higher lows — breakout continuation likely if resistance flips to support.
ALGO
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