$ALGO Weekly Outlook ๐ Bottom Forming Strong ๐ช
$ALGO is showing solid signs of a structural recovery on the **weekly chart** ๐
After a long downtrend it's building a base around the \$0.20 zone โ the same demand zone we saw hold strong in 2020 and 2023 ๐๐ก๏ธ
The structure is clean โ and the roadmap is clear:
๐ฏ **Target 1**: \~\$0.50 โ a former range low now acting as resistance
๐ Reclaiming this level could confirm momentum and bring real strength
๐ **Major Breakout Zone**: \~\$1.77 โ lining up with macro supply from the 2021 top-heavy zone
Break above this and the chart opens up massively
This isnโt a meme pump โ itโs a **technical setup** backed by historical levels and high risk-to-reward potential ๐ฅ๐
Smart money isnโt chasing hype โ theyโre watching **weekly structure**
And ALGO just gave them a reason to pay attention ๐