๐Ÿš€ ALGO Breakout in Progress! ๐Ÿ“ˆ Retest at Key Support Zone! ๐Ÿ”ฅ

$ALGO

(Algorand) is showing strong bullish potential after breaking out of a falling wedge pattern on the daily timeframe!

Now retesting the $0.20 level โ€“ a crucial support zone for the next leg up! ๐Ÿ”

๐Ÿ“Š Technical Snapshot:

โœ… Falling wedge breakout โ€“ classic bullish reversal signal

โœ… Retesting $0.20 support zone โ€“ holding strong so far

โœ… Volume building โ€“ momentum is on the rise

๐ŸŽฏ Bullish Targets Ahead:

โžก๏ธ $0.24 โ€“ Immediate resistance

โžก๏ธ $0.30 โ€“ Strong continuation level

โžก๏ธ $0.40 โ€“ Mid-term bullish goal

โžก๏ธ $0.50 โ€“ Major breakout zone!

Watch for a strong bounce with volume to confirm the move.

ALGO has a history of fast rallies once momentum kicks in!

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