📊 $ALGO — Possible Recovery Setup?
$ALGO is currently around $0.0824, after bouncing from the $0.0814 low.
🔹 RSI(6): ~59.7 — momentum improving
🔹 Support: $0.0814–$0.0818
🔹 Resistance: $0.0829 → $0.0834 → $0.0838
🔹 A break above $0.0838 could strengthen the bullish setup.
Still down ~4% today, so confirmation is key. 👀
$ALGO is currently around $0.0824, after bouncing from the $0.0814 low.
🔹 RSI(6): ~59.7 — momentum improving
🔹 Support: $0.0814–$0.0818
🔹 Resistance: $0.0829 → $0.0834 → $0.0838
🔹 A break above $0.0838 could strengthen the bullish setup.
Still down ~4% today, so confirmation is key. 👀