$ALGO remains short-term bullish on the 1H chart, maintaining a structure of higher highs and higher lows. Price is trading above both EMA20 and EMA200, suggesting buyers still have control despite recent consolidation. A potential long entry zone sits around $0.1315–$0.1326, but confirmation through a bullish candle and improving volume is important. Key upside targets are $0.1379, $0.1404, and $0.1424. While the daily trend supports further gains, the weekly chart remains bearish, so risk management is essential. A break below $0.11475 would invalidate the bullish setup and signal a trend reversal.