BINANCE:ALGOUSDT   Algorand / TetherUS
#ALGO

The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the channel at the green support level of 0.160
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher

Entry price 0.1700
The first goal is 0.1970
The second target is 0.2125
The third goal is 0.2338
Handel aktiv:
The first goal is 0.1970 Reached

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