ALGO Technical Analysis Feb 14

ALGO is battling critical resistance at the $0.10 level while the bearish trend maintains its dominance. Buyer accumulation is observed at nearby supports, but liquidity sweeps could continue downward.

Current Price Position and Critical Levels

ALGO’s current price is positioned at the $0.10 level and has shown a 6.69% rise in the last 24 hours. However, the overall trend is bearish, with the price trading just below the EMA20 ($0.10), signaling a short-term bearish bias. RSI at 42.42 is in the neutral zone, while Supertrend is bearish and pointing to $0.12 resistance. A total of 14 strong levels were identified across 1D, 3D, and 1W timeframes: 3 supports/3 resistances on 1D, 2S/2R on 3D, and 2S/4R on 1W. The price is trapped in the recent range of $0.09-$0.10, with volume at a moderate 18.25M$. This configuration suggests major players may be preparing to gather liquidity.

Support Levels: Buyer Pools

Primary Support

The strongest support level is at $0.0934 (score: 72/100), highlighted by order block confluence on 1D and 3D timeframes. This level has been tested 3 times in the last 2 weeks and rejected each time with strong volume increases – for example, a bounce was observed on February 10 with 15M$ volume. It also aligns with EMA50 (around $0.094), making it an ideal liquidity pool for stop-loss hunting. A downside break would lead to rapid liquidity drainage.

Secondary Support and Stop Levels

Secondary supports are at $0.0881 (score: 60/100) and $0.0808 (score: 65/100). $0.0881 is defined as a demand zone on the 1W timeframe; a 25% rally started from here in November 2025, with 4 historical tests. It has confluence with the POC (Point of Control) in the volume profile. $0.0808 is strengthened by 3D swing low and Fibonacci 0.618 retracement – invalidation below $0.075, which would open the door to the downside target of $0.0503. Positions below $0.0934 are risky for stops; watch for liquidity sweeps.

Resistance Levels: Seller Pools

Near-Term Resistances

The most critical near-term resistance is at $0.0989 (score: 72/100), just above the current price and a 1D supply zone. It has been rejected twice in the last 48 hours, with volume spikes confirming seller pressure (20M$ peak on February 12). Perfect alignment with EMA20 requires volume confirmation for a breakout – high risk of false breakout, potentially a trap for liquidity grabs.

Main Resistance and Targets

Main resistances are at $0.1046 (score: 68/100) and $0.1497 (score: 65/100). $0.1046 is a strong supply block on the 1W timeframe, peaked during the October 2025 rally, and rejected after 5 tests. $0.1497 has multi-timeframe confluence: 3D EMA200 and 1W order block, offering a 50% R/R upside target. A volume breakout above $0.11 is needed for breakout; otherwise, rejection could lead back to $0.09.

Liquidity Map and Major Players

Major players (smart money) appear to be gathering liquidity in the $0.0934-$0.0989 range. Equal highs/lows structure creates short squeeze potential above $0.10, while downside targets stop hunts at $0.0881. Breaker blocks on 1W await buyers at $0.0808. Volume delta is negative, but divergence signals (RSI hidden bull div) warn of a reversal. The liquidity map points to cascade liquidity hunts in altcoins during BTC dumps – an ideal setup for manipulation.

Bitcoin Correlation

BTC is at $69,639 with a 4.17% rise, but the downtrend continues (Supertrend bearish). ALGO has 0.85% correlation with BTC; a BTC break below $68,926 support would drag ALGO to $0.0881. Conversely, a BTC break above $70,166 resistance would greenlight a test of $0.1046 for ALGO. BTC dominance is high; $65,415 BTC support is critical for altcoin rallies – a dominance drop is an opportunity for ALGO.

Trading Plan and Level-Based Strategy

Level-based outlook: Bullish bias above $0.0989 (targets $0.1046-$0.1497, invalidation below $0.0934). Long setup on $0.0934 bounce (R/R 1:3, stop $0.090). Short opportunity: Rejection at $0.0989 targeting $0.0881 (confluence with BTC $68,926 break). Detailed charts available in ALGO Spot Analysis and ALGO Futures Analysis. Risk management: Position size 1-2%, use trailing stops. No news flow; stay focused on pure price action.