$ALGO just gave a clean #breakout above the descending trendline and is now holding firm above the key $0.30 level, this is exactly what bulls wanted to see. ๐
Short-term play looks like:
๐น Some chop / fakeouts
๐น Potential sweep of the lows
๐น Then a move #higher if momentum holds
As long as price stays above that $0.2927 level on a retest, bulls are still in control. Thatโs the key zone for continuation.
The real prize? That weak high sitting above $0.34. Thereโs liquidity up there, and price loves to go hunting for it.
No need to FOMO here, waiting for the retest might give the cleaner entry.
Letโs see how this plays out. Staying patient but definitely watching closely.
Buy and Trade here on $ALGO
