$ALGO ALGOUSDT technical analysis (Frame D1) ALGO is signaling a strong upward reversal after bottoming around the 0.1026 USDT area. Two consecutive bullish candles with large candle bodies and a sudden trading volume show that the cash flow is returning very strongly. The short-term MA lines began to move up, the price far surpassed MA5, MA10, MA20 and MA60, confirming the short-term uptrend. Breaking the resistance area of 0.122 USDT with strong momentum opens up the possibility of continuing to increase in the coming sessions. Buying strategy: ● It is possible to wait for the price to adjust to the area of 0.128 - 0.132 USDT to accumulate. ● Buy and chase is only suitable when the price continues to hold above 0.135 USDT with high liquidity. Goal: ● TP1: 0.145 USDT ● TP2: 0.155 USDT ● TP3: 0.170 USDT if the market trend is favorable. Cut loss: ● Below 0.122 USDT or close the D1 candle below this area. Overall, ALGO is in a breakout from the prolonged accumulation zone. The current trend is leaning towards the price increase, however, after an increase of more than 10% in the day, investors should prioritize waiting for retest beats instead of FOMO in the current high price area