$ALGO
📉 Current Technical Analysis
Support and Resistance: ALGO is defending the main support level at $0.23, with technical resistance at $0.25.
Chart Patterns: Analyses indicate the formation of a "pennant" pattern on the daily chart, which could lead to a strong price movement upon the expected breakout in mid-September.
Technical Indicators: Indicators such as the Relative Strength Index (RSI) remain at neutral levels, indicating a balance between selling and buying pressures.