๐ฐ ALGO Analysis- ๐ ๐ฅ ๐
Algorand is forming a descending triangle pattern on the daily timeframe๐
The price is bouncing off the horizontal support while resistance shows declining highs๐ง
A breakout above the descending resistance could push the price toward targets at $0.22, $0.26, 0.32, and $0.40๐ฏ
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