ALGO Long Spot Position (Descending Resistance Breakout)

Market Context: ALGO has recently broken through the descending resistance line from May and is now at support, presenting a long trade opportunity.

Trade Setup:

Entry: Ladder into a long position in the $0.13 - $0.1380 support area.
Take Profit:
First target: $0.16 - $0.17
Second target: $0.20 - $0.2170
Stop Loss: Just below $0.123

⚡ This setup aims to capitalize on the breakout and current support level.
#ALGO #Crypto