$ALGO Weekly Outlook 🔍 Bottom Forming Strong 💪
$ALGO is showing solid signs of a structural recovery on the **weekly chart** 📈
After a long downtrend it's building a base around the \$0.20 zone — the same demand zone we saw hold strong in 2020 and 2023 🔄🛡️
The structure is clean — and the roadmap is clear:
🎯 **Target 1**: \~\$0.50 – a former range low now acting as resistance
📈 Reclaiming this level could confirm momentum and bring real strength
🚀 **Major Breakout Zone**: \~\$1.77 – lining up with macro supply from the 2021 top-heavy zone
Break above this and the chart opens up massively
This isn’t a meme pump – it’s a **technical setup** backed by historical levels and high risk-to-reward potential 🔥📊
Smart money isn’t chasing hype — they’re watching **weekly structure**
And ALGO just gave them a reason to pay attention 👀
