$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. ๐Ÿ“ˆ

Short-term play looks like:

๐Ÿ”น Some chop / fakeouts

๐Ÿ”น Potential sweep of the lows

๐Ÿ”น 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. Thatโ€™s the key zone for continuation.

The real prize? That weak high sitting above $0.34. Thereโ€™s 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.

Letโ€™s see how this plays out. Staying patient but definitely watching closely.

Buy and Trade here on $ALGO

#ALGO