#ALGO – Current Technical Outlook
As long as the price stays above the green zone, the first target remains the red zone around 0.25. However, considering the visible downward trendline and the high liquidity area on the chart, a move toward 0.31 wouldn't be surprising.
On the other hand, if #btc experiences a sharp downward movement, the green zone will act as the first support level. If this area fails to hold, the next key supports to watch are 0.1739 and 0.1461.
