$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.

$ALGO