ALGO is moving sideways around $1.4 zone and this zone is a good support zone that can help ALGO rally in the near term to $1.6 and $2.2 or higher.

If ALGO fails to hold $1.4 zone, $1.2 zone is still a good support zone of ALGO

📈BUY

-Buy: 1.35-1.4$. SL if B

📉SELL

-Sell: 1.6-1.65$. SL if A

-Sell: 2.2-2.3$. SL if A

♻️BACK-UP

-Buy: 1.175-1.225$. SL if B

❓Details

Condition A : "If 8H candle closes ABOVE this zone"

Condition B : "If 8H candle closes BELOW this zone"

📊View Idea on TradingView

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