*šŸš€ ALGO Breakout Brewing? Double-Bottom + Momentum = Eyes on the Prize! šŸ”„šŸ“ˆ*

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šŸ“ *Current Price:* *0.1724* (-6.04

Algorand is cooling off short-term, but the setup points to a high-probability breakout if momentum returns soon.

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šŸ” *Trending Signals:*

āœ… *Double-bottom* around0.152 = bullish reversal base

šŸ“ˆ *MACD:* Flashing early buy signals

šŸ”„ *RSI:* Rebounding off oversold zone (~40s)

šŸ“Š Price nearing key moving average resistance — 50 EMA at 0.1897

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šŸŽÆ *Targets to Watch:*

- *TP1:*0.2042 (100-day EMA)

- *TP2:* 0.2192 (200-day EMA)

- *Breakout Zone:*0.2598

- *Moonshot Target:* 0.3665

- *Support:*0.160–0.152

- *SL:* Below0.150 (pattern invalidation)

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šŸ”® *Prediction & Analysis:*

ALGO is in accumulation mode with multi-chain upgrades backing its fundamentals. A confirmed breakout above 0.1897 could fuel a strong rally toward0.22–$0.26 and beyond. Watching volume and breakout candles closely will be key. Momentum traders should stay sharp šŸ‘€āš”

This could be the calm before the pop. šŸ’„

$ALGO

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