Alright, fam, check out this $ALGO chart.
Been tracking this one for a bit, and it's been on a decent run.
Looks like we finally broke through that $0.195 resistance we were eyeing. Nice surge in volume with that push, which is always a good sign for conviction.
Right now, we're seeing a bit of consolidation around the $0.22 area after hitting that $0.225 high. Could be some profit-taking or just buyers catching their breath.
Key thing to watch now is if this $0.22 level holds as new support. If it does, we could see another leg up, maybe aiming for $0.23-$0.24.
If we dip below $0.22, then that $0.195-$0.20 zone might get retested. Keep those eyes peeled and manage that risk!