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Algorand / TetherUS
Long

ALGOUSDT – Spot Swing Trade Recommendation

199
ALGOUSDT – Spot Swing Trade Recommendation

  • Reason: ALGO has formed clear bottoms on Weekly (W) and Monthly (M) charts, signaling the start of a long-term bullish cycle on the Monthly timeframe.
  • Entry: Around current price ~$0.22.
  • Strategy: Accumulate gradually—buy below $0.22; avoid adding positions above this price.
  • Take Profit:


  1. Based on W and M peak signals, or
  2. Fixed price target above $0.80.


Note: Weekly bottom just formed; expect momentum to pick up in 2-3 weeks.

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